Labcorp announces pricing of fortrea $570 million notes offering in connection with anticipated fortrea spinoff

Burlington, n.c. , june 12, 2023 /prnewswire/ -- labcorp (nyse: lh), a leading global life sciences company, today announced that fortrea holdings inc., a wholly owned subsidiary of labcorp ("fortrea"), has priced an offering of $570 million of senior secured notes due 2030 (the "notes"), in connection with the previously announced spinoff of fortrea into a separate publicly traded company (the "spinoff").
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