|
|
|
|
|
|
|
Free Newsletters
Archive
My Subscriptions
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers
Regional News
US & Canada
Biotech Bay
Biotech Beach
Genetown
Pharm Country
BioCapital
BioMidwest
Bio NC
BioForest
Southern Pharm
BioCanada East
US Device
Europe
Asia
Market Summary
News
IPOs
Company Profiles
Companies
Events
Research Store
Biotech Events
Post an Event
Real Estate
Business Opportunities
|
|
|
|
|
News | News By Subject | News by Disease |
News By Date | Search News
|
|
|
DJO Incorporated (DJO) Announces Offering of $230 Million of Second Priority Senior Secured Notes
3/13/2012 7:57:33 AM
SAN DIEGO--(BUSINESS WIRE)--DJO Global, Inc. (“DJO” or the “Company”) today announced that its indirect wholly owned subsidiaries, DJO Finance LLC (“DJOFL”), an indirect wholly owned subsidiary of DJO, and DJO Finance Corporation, a wholly owned subsidiary of DJOFL (“DJOFC” and together with DJOFL, the “Issuers”) intend to offer, in a private offering subject to market and other conditions, $230 million aggregate principal amount of second priority senior secured notes due 2018 (the “securities”). Obligations under the securities will be guaranteed by all existing and future domestic subsidiaries that guarantee the Company’s senior secured credit facilities and existing senior unsecured notes. The Company intends to use the net proceeds from the offering, along with proceeds from the issuance of a new senior secured term loan and a new revolving credit facility and cash on hand, to repurchase $210 million aggregate principal amount of the Issuers’ 10.875% senior notes due 2014, repay a portion of the existing term loans outstanding under its senior secured credit facilities, repay the loans outstanding under its existing revolving credit facility and pay related premiums, fees and expenses.
|
|
|
|
|
|
|
|
|
|
|