Apogent to Redeem $299.8 Million of Its 2.25 Percent Notes.HAMPTON, N.H. -- Fisher Scientific International Inc. (NYSE NYSE See: New York Stock Exchange : FSH FSH follicle-stimulating hormone. FSH abbr. follicle-stimulating hormone Facioscapulohumeral muscular dystrophy (FSH) ) announced today that Apogent Technologies Inc., its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , has issued a notice for redemption of approximately $299.8 million of Apogent's 2.25 percent convertible notes on Oct. 20, 2004. Apogent is calling approximately $298.8 million of the 2.25 percent Convertible Senior Debentures due 2021 (CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. No. 03760AAL (ATM Adaption Layer) The part of the ATM protocol that breaks up application packets into 48-byte payloads which become ATM cells when the 5-byte headers are attached. The AAL resides between the higher layer transport protocols and the ATM layer. 5) and approximately $1.0 million of the 2.25 percent Senior Convertible Contingent Debt Securities due 2021 (CUSIP Nos. 03760AAE AAE American Association of Endodontists. 1 and 03760AAD AAD American Academy of Dermatology. AAD American Association of Dermatology 3) (together, "2.25 percent Notes") for cash at a price equal to 100 percent of the principal amount plus (1) accrued and unpaid interest to, but excluding, the redemption date Redemption date The date on which a bond matures or is redeemed. redemption date The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date. , and (2) contingent interest (as defined in the indentures relating to the 2.25 percent Notes), if any contingent interest is payable from Oct. 15, 2004, to Oct. 19, 2004. Holders will have the right to convert their 2.25 percent Notes from the date of the notice of redemption until Oct. 18, 2004, at a conversion price of $54.45. The 2.25 percent Notes may be surrendered for conversion at the Corporate Trust Office of the Trustee in the City of New York. About Fisher Scientific International Inc. As a world leader in serving science, Fisher Scientific International Inc. (NYSE: FSH) offers more than 600,000 products and services to more than 350,000 customers located in approximately 145 countries. Fisher's customers include pharmaceutical and biotech companies; colleges and universities; medical-research institutions; hospitals and reference labs; quality-control, process-control and R&D labs in various industries; as well as government and first responders. As a result of its broad product offering, electronic-commerce capabilities and integrated global logistics network, Fisher serves as a one-stop source of products, services and global solutions for its customers. The company primarily serves the scientific-research and clinical-laboratory markets. Additional information about Fisher is available on the company's Web site at www.fisherscientific.com. This announcement includes forward-looking statements. Fisher Scientific has based these forward-looking statements on its current expectations and projections about future events. Although Fisher Scientific believes that its assumptions made in connection with the forward-looking statements are reasonable, no assurances can be given that its assumptions and expectations will prove to have been correct. These forward-looking statements are subject to various risks, uncertainties and assumptions. Fisher Scientific undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this announcement might not occur. |
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