Beverly Enterprises Announces Note Exchange Offer.FORT SMITH, Arkan. -- Beverly Enterprises, Inc. (NYSE NYSE See: New York Stock Exchange : BEV) today announced an offer to exchange up to $215 million in aggregate principal amount of its 7-7/8% Senior Subordinated Notes due 2014, which have been registered under the Securities Act of 1933 as amended, for its outstanding unregistered 7-7/8% Senior Subordinated Notes due 2014. The exchange offer will expire on Friday, February 11, at 5 p.m. (ET). The exchange agent is:
BNY Midwest Trust Company
c/o Bank of New York
Reorganization Unit
101 Barclay Street, 7 East
New York, NY 10286
Attn: Ms. Carolle Montreuil
Beverly Enterprises, Inc. and its operating subsidiaries are leading providers of healthcare services to the elderly in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Beverly currently operates 351 skilled nursing facilities skilled nursing facility n. Abbr. SNF An establishment that houses chronically ill, usually elderly patients, and provides long-term nursing care, rehabilitation, and other services. , as well as 18 assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. centers, and 52 hospice and home health centers. Through Aegis Therapies, Beverly also offers rehabilitative re·ha·bil·i·tate tr.v. re·ha·bil·i·tat·ed, re·ha·bil·i·tat·ing, re·ha·bil·i·tates 1. To restore to good health or useful life, as through therapy and education. 2. services on a contract basis to facilities operated by other care providers. |
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