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Owens & Minor Announces Launch of Senior Secured Notes Offering

1. OMI launched a $600 million senior secured notes offering for acquisition. 2. The Rotech acquisition is contingent on the offering's completion.

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FAQ

Why Bullish?

The $600 million offering suggests confidence in future growth. Historical acquisitions have led to positive market responses for similar companies.

How important is it?

The successful closing of the notes offering indicates trust in OMI's strategy and growth potential. Given the importance of financing for acquisitions, this is critical for OMI's market trajectory.

Why Short Term?

The immediate impact will be felt as the offering and acquisition progress. Investors will likely react quickly to news on the offering and acquisition.

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ROTECHHCAUHS
RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE:OMI) (the “Company”) announced today that it has launched a private offering (the “Offering”) of $600 million aggregate principal amount of senior secured notes due 2030 (the “Notes”), subject to customary and market conditions. Unless the previously announced acquisition (the “Acquisition”) of Rotech Healthcare Holdings Inc. (“Rotech”) is consummated concurrently with or promptly following the closing of the Offering, the Company wi.

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