Printer Friendly

UNIVERSAL HOSPITAL SERVICES, INC. ANNOUNCES REFINANCING OF SENIOR DEBT

 BLOOMINGTON, Minn., Nov. 24 ~PRNewswire~ -- Universal Hospital Services, Inc. (NASDAQ-NMS: UHOS) announced today completion of a $12,000,000, 7.47 percent fixed rate 10-year senior term loan with a group of three insurance companies. The proceedswere used to prepay at par the remaining balances of the Company's 12.31 percent senior term debt and 10 percent junior subordinated debt.
 In a private letter rating, this new loan was rated BBB by Fitch Investor Services.
 Universal Hospital Services, Inc. provides movable medical equipment to hospitals and other health care providers through equipment management programs utilizing Pay-Per-Use as the system for charging customers only for actual equipment usage.
 -0- 11~24~92
 ~CONTACT: David E. Dovenberg, Vice President of Finance & CFO of Universal Hospital Services, Inc., 612-893-3252~
 (UHOS)


CO: Universal Hospital Services ST: Minnesota IN: MTC HEA SU:

DS -- MN019 -- 1236 11~24~92 16:22 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 24, 1992
Words:146
Previous Article:INFINITE GRAPHICS OBTAINS ADDITIONAL FINANCING
Next Article:CHASE MORTGAGE FINANCE CORP. SERIES 1992L CLASS A 'AAA' BY FITCH -- FITCH FINANCIAL WIRE --
Topics:


Related Articles
UNIVERSAL HOSPITAL SERVICES ANNOUNCES PUBLIC OFFERING
UNIVERSAL HOSPITAL SERVICES ANNOUNCES SECOND QUARTER EARNINGS
UNIVERSAL HOSPITAL SERVICES, INC. ANNOUNCES THIRD QUARTER EARNINGS
KENDALL INTERNATIONAL, INC. ANNOUNCES REFINANCING PLAN
UNIVERSAL HOSPITAL SERVICES, INC. ANNOUNCES FOURTH QUARTER EARNINGS
MEDIQ To Acquire Universal Hospital Services, Inc.
Universal Hospital Services, Inc. Sets Shareholder Meeting for Merger Approval
Universal Hospital Services, Inc. Sets Shareholder Meeting for Merger Approval
Shareholders of Universal Hospital Services, Inc. Approve Acquisition by MEDIQ Incorporated
Shareholders of Universal Hospital Services, Inc. Approve Acquisition by MEDIQ Incorporated

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters