An announcement from Owens & Minor ( (OMI) ) is now available.
On March 26, 2025, Owens & Minor announced a private offering of $600 million in Senior Secured Notes due 2030 to finance its proposed acquisition of Rotech Healthcare Holdings Inc. The offering is intended to support the acquisition and related transactions, including debt repayment and acquisition-related expenses, with any remaining proceeds used for working capital and general corporate purposes. The acquisition is subject to customary closing conditions, and the offering is not contingent upon its completion, highlighting strategic financial maneuvers to enhance the company’s market position.
More about Owens & Minor
Owens & Minor, Inc. is a Fortune 500 global healthcare solutions company that provides essential products and services supporting care from hospitals to homes. With over 100 years of experience, the company operates through brands like Apria, Byram, and HALYARD, employing more than 20,000 people worldwide.
YTD Price Performance: -31.44%
Average Trading Volume: 1,579,613
Technical Sentiment Signal: Buy
Current Market Cap: $680.5M
See more insights into OMI stock on TipRanks’ Stock Analysis page.