Financings in Brief: U.S. Surgical
This article was originally published in The Gray Sheet
Executive Summary
U.S. Surgical: Commences offering of 4.3 mil. shares of common stock through Salomon Brothers. Shares in the offering were registered under USSC's existing shelf registration statement, the firm says. Proceeds from the offering will be used for "the funding of acquisitions and reduction of outstanding indebtedness" under the company's credit facilities, and other general corporate purposes, USSC says...