Quest Unveils $750M Notes Offering To Buy Back Debt

Law360, New York (November 12, 2009, 1:33 PM EST) -- Medical diagnostic testing company Quest Diagnostics Inc. announced Thursday it will offer $750 million in senior notes in a bid to buy back other outstanding debt.

In a public offering made under a shelf registration statement filed with the U.S. Securities and Exchange Commission, the Madison, N.J.-based company said it will offer $750 million in two series of senior notes.

The notes will be fully and unconditionally guaranteed on a senior, unsecured basis by certain of the company's domestic, wholly owned subsidiaries, Quest said.

The company...
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