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Dancing in the dark

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Dancing in the dark

Re: BullNBear52 post# 487

Tuesday, 06/08/2004 9:16:29 AM

Tuesday, June 08, 2004 9:16:29 AM

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Healthsouth Corporation (OTC: HLSH) has reached agreement with its Unofficial Committee of Noteholders to obtain consents and waivers in connection with its amended consent solicitations for its 6.875% Senior Notes due 2005, 7.375% Senior Notes due 2006, 7.000% Senior Notes due 2008, 8.375% Senior Notes due 2011 and 7.625% Senior Notes due 2012, representing approximately $1.9 billion in debt. The cost of the restructuring is expected to be in the range of approximately $73 million to $80 million depending on the final level of participation in the consent solicitations.




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