Medical Facilities Corporation Announces 7.5% Convertible Secured Debentures to Mature in April

Medical Facilities Corporation announced its outstanding 7.5 percent Convertible Secured Debentures will mature on April 30.

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The aggregate principle amount of the Debentures currently outstanding is $38,485,000 and the company will draw funds from its existing credit facility to repay Debentures that are not converted when the conversion privilege expires.

Medical Facilities Corporation owns controlling interest in five specialty surgical hospitals and an ambulatory surgery center.

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