JACKSONVILLE, Fla., Aug. 3, 2012 (GLOBE NEWSWIRE) -- PSS World Medical,
Inc. (Nasdaq:PSSI) announced today the closing of its offer to exchange
$250 million of outstanding 6.375% Senior Notes due 2022 issued in a
private placement on February 24, 2012 (the "old notes") for an equal
principal amount of newly issued 6.375% Senior Notes due 2022, which
have been registered under the Securities Exchange Act of 1933, as
amended (the "new notes").
The exchange offer expired at 5:00 p.m., New York City time, on July
30, 2012, with $250 million in aggregate principal amount of the old
notes, representing 100% of the old notes, having been validly tendered
in exchange for an equal amount of new notes.
This press release is not an offer to buy or sell or the solicitation
of an offer to buy or sell any of the securities described herein, nor
shall there be any offer, solicitation or sale of such securities in
any jurisdiction in which such offer, solicitation or sale would be
unlawful. The exchange offer was made only pursuant to the exchange
offer documents that were distributed to holders of the old notes,
including the prospectus dated June 29, 2012 and the related letter of
About PSS World Medical
PSS World Medical, Inc. markets and distributes medical products and
services to front-line caregivers throughout the United States. With
4,000 team members, PSS is a leader in the markets it serves with
innovative approaches to customer service and operational excellence.
Its stated purpose is to strengthen the clinical success and financial
health of caregivers by solving their biggest problems. The Company is
focused to accelerate growth in four markets -- Physician, Laboratory,
Dispensing, and Home Care & Hospice -- with products and solutions that
deliver high quality, cost effective, and convenient patient care.
The PSS World Medical, Inc. logo is available at
CONTACT: Jenny Kobin
Vice President, Investor Relations