Owens & Minor ( (OMI) ) has provided an announcement.
On April 2, 2025, Owens & Minor announced the upsize and pricing of a $1 billion offering of 10.000% Senior Secured Notes due 2030, intended to finance the acquisition of Rotech Healthcare Holdings Inc. The offering is not contingent on the acquisition’s completion, and funds will be used for acquisition-related expenses and general corporate purposes. The acquisition is subject to customary closing conditions, and the notes will be secured by the company’s existing assets.
More about Owens & Minor
Owens & Minor, Inc. is a Fortune 500 global healthcare solutions company that provides essential products and services supporting care from hospitals to homes. With over 100 years of experience, the company operates through its brands such as Apria, Byram, and HALYARD, and employs more than 20,000 people worldwide.
YTD Price Performance: -29.65%
Average Trading Volume: 1,617,156
Technical Sentiment Signal: Buy
Current Market Cap: $697.5M
For detailed information about OMI stock, go to TipRanks’ Stock Analysis page.