MINNEAPOLIS--(BUSINESS WIRE)--American Medical Systems Holdings, Inc. (NASDAQ: AMMD) (the “Company”), today announced that it has amended the terms of its previously announced exchange offer in which the Company was offering newly issued 3.75% Convertible Senior Subordinated Notes due 2041 (the “2041 Notes”) in exchange for up to $250 million, and no less than $100 million, of its outstanding 3.25% Convertible Senior Subordinated Notes due 2036 (the “2036 Notes”). The amendments increase the interest rate payable on the 2041 Notes from 3.75% to 4.00% and accordingly extend the date upon which the exchange offer is scheduled to expire to midnight, New York City time, on September 16, 2009 (which is the end of the day on September 16, 2009), unless further extended or earlier terminated by the Company.
