Printer Friendly

FUTURE HEALTHCARE ANNOUNCES COMPLETION OF PRIVATE DEBT OFFERING

 CINCINNATI, June 29 /PRNewswire/ -- Future HealthCare, Inc. announced today the successful offering of $6 million of 5.5 percent convertible subordinated debentures due 2003. The debentures are convertible into shares of common stock at a price of $12.50.
 The debentures were offered in a private placement through the Glaser Capital Corporation of Cincinnati.
 The proceeds will be used for financing new study contracts and the 0pening or acquisition of new sites.
 Future HealthCare provides clinical trial services to the pharmaceutical industry at nine owned and operated investigative sites. The company's corporate headquarters are located in Cincinnati, and its nine clinics are located in Cincinnati, Dayton and Columbus, Ohio; Birmingham, Ala.; West Orange, N.J.; Olympia, Wash.; Orlando, Fla.; Atlanta; and Philadelphia.
 -0- 6/29/93
 /CONTACT: John D. Peckskamp Jr. of Future HealthCare, Inc., 513-651-2525/


CO: Future HealthCare, Inc. ST: Ohio IN: HEA SU: OFR

AR -- CL011 -- 6797 06/29/93 15:02 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 29, 1993
Words:155
Previous Article:WYETH-AYERST SAYS ITS FORMULA PRODUCTS, SMA(R) AND NURSOY(R), NOT CITED BY FDA IN RECALL
Next Article:SUN TELEVISION AND APPLIANCES, INC. ANNOUNCES TWO-FOR-ONE STOCK SPLIT
Topics:


Related Articles
DUFF & PHELPS PUTS WELLSFORD RESIDENTIAL PROPERTY TRUST ON RATING WATCH- -DOWN; $100 MILLION OF PREFERRED STOCK AFFECTED
Columbia Completes Riverside, Calif., Joint Venture; Signs Letter Of Intent To Lease San Diego Hospital
DCX, Inc. Strengthens Balance Sheet by Overall Financial Restructuring; Company Completes Senior Secured Debt Retirement and Infuses Additional Equity
Apria Healthcare Announces Expectations for Third Quarter
Ramsay Health Care, Inc. Closes $60 Million Financing
Apria Healthcare Secures Permanent Amendment To Credit Facility
Coram Healthcare Completes Debt Restructuring
Meditrust Completes New $350 Million Credit Facility.
S&P Affirms Omega Healthcare Investors Rating; Outlook Stable.
Encore Medical Enters Into Agreement With Blackstone Capital Partners To Go Private for $6.55 Per Share.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters