Boston Scientific Corporation Announces Completion of $2 Billion Senior Notes Offering

NATICK, Mass., Dec. 14 /PRNewswire-FirstCall/ -- Boston Scientific Corporation today announced the completion of a public offering of $2 billion aggregate principal amount of its senior notes under the Company’s shelf registration statement. The public offering consists of $850 million of 4.50 percent notes due January 2015, $850 million of 6.00 percent notes due January 2020 and $300 million of 7.375 percent notes due January 2040. Boston Scientific plans to use the net proceeds for general corporate purposes, including prepaying its bank term loan due April 2011.

Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties. For more information on Boston Scientific, please visit: http://www.bostonscientific.com .

Factors that may cause such differences include, among other things: future economic, competitive, reimbursement and regulatory conditions; new product introductions; demographic trends; intellectual property; litigation; financial market conditions; and, future business decisions made by us and our competitors. All of these factors are difficult or impossible to predict accurately and many of them are beyond our control. For a further list and description of these and other important risks and uncertainties that may affect our future operations, see Part I, Item 1A- Risk Factors in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, which we may update in Part II, Item 1A - Risk Factors in Quarterly Reports on Form 10-Q we have filed or will file hereafter. We disclaim any intention or obligation to publicly update or revise any forward-looking statements to reflect any change in our expectations or in events, conditions, or circumstances on which those expectations may be based, or that may affect the likelihood that actual results will differ from those contained in the forward-looking statements. This cautionary statement is applicable to all forward-looking statements contained in this document.

CONTACT: Investor Relations, Larry Neumann, +1-508-650-8696, or Media
Relations, Paul Donovan, +1-508-650-8541, or mobile, +1-508-667-5165, both
of Boston Scientific Corporation

Web site: http://www.bostonscientific.com/

MORE ON THIS TOPIC