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Horizon Medical Products Will Relieve Debt Load With IPO Proceeds

This article was originally published in The Gray Sheet

Executive Summary

Horizon Medical Products is earmarking the lion's share of $31.6 mil. in anticipated net proceeds from a planned initial public offering to settle outstanding debt related to the firm's July 15 acquisition of Pfizer's Strato/Infusaid business and its October 1995 purchase of NeoStar Medical Technologies.

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