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BRIEF-Labcorp's zero coupon convertible subordinated notes due 2021 to accrue contingent interest
March 13, 2017 / 12:58 PM / 6 months ago

BRIEF-Labcorp's zero coupon convertible subordinated notes due 2021 to accrue contingent interest

March 13 (Reuters) - Laboratory Corporation Of America Holdings

* Labcorp’s zero coupon convertible subordinated notes due 2021 to accrue contingent interest

* Labcorp - for period of March 12, 2017 to Sept 11, 2017, its zero coupon convertible subordinated notes due 2021 will accrue contingent cash interest

* Labcorp-Contingent cash interest to be at rate of no less than 0.125% of average market price of zero coupon note for five trading days ended march 8

* Labcorp - contingent cash interest has been determined to be approximately $2.39 per note

* Labcorp - payment of contingent cash interest is expected to be made on September 12, 2017 Source text for Eikon: Further company coverage:

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