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Lantheus plans $150M private offering

Wed, 03/16/2011 - 6:36am
Mass High Tech: The Journal of New England Technology

Lantheus Medical Imaging Inc. today said that it plans to offer $150 million in senior unsecured notes to enable it to make a distribution to its ultimate parent company, Lantheus MI Holdings Inc., to purchase its outstanding preferred stock and pay a dividend to common security holders.

North Billerica-based Lantheus develops imaging products such as an echocardiography contrast agent and an MRI contrast agent.

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