MINNEAPOLIS--(BUSINESS WIRE)--July 19, 2006--American Medical Systems Holdings, Inc. (NASDAQ:AMMD - News), the global leader in providing pelvic health solutions to urologists and gynecologists, announced today that it expects to close its senior secured credit facility today, Wednesday, July 19, 2006. The proceeds from the facility will be used to fund a portion of its tender offer to acquire all of the outstanding shares of Laserscope at a purchase price of $31.00 net per share, pursuant to an Agreement and Plan of Merger, dated June 3, 2006, between American Medical Systems Holdings, Inc. and Laserscope. The tender offer will expire at 12:00 midnight, central time, on Wednesday July 19, 2006, unless further extended, and the Company does not anticipate extending the tender offer further to complete its senior secured credit facility.
