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| [February 04, 2013] |
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Truven Health Analytics Announces Expected Timing of Notes Exchange Offer
ANN ARBOR, Mich. --(Business Wire)--
Truven Health Analytics Inc. (the "Company"), formerly the Healthcare
business of Thomson Reuters (News - Alert), announced today that it has postponed until
May 2013 the commencement of its planned A/B notes exchange offer in
respect of its 10.625% Senior Notes due 2020 (the "Notes") that were
issued in a Rule 144A transaction on June 6, 2012 in connection with the
acquisition of the Company by private equity firm Veritas Capital. The
Company is required to conduct the exchange offer of SEC (News - Alert) registered
notes fr the Notes pursuant to a registration rights agreement entered
into at the time that the Notes were issued. The Company expects to
commence the exchange offer in early May 2013, subject to completion of
the SEC review and comment process. The Company has delayed commencement
of the exchange offer to enable it to focus its efforts on completing
the transition to a standalone entity and to facilitate preparation of
financial statements for the registration statement based on its fiscal
year end December 31, 2012. Pursuant to the terms of the registration
rights agreement, additional interest of 0.25% will accrue on the Notes
commencing March 4, 2013 until and including the date the exchange offer
is completed, assuming the exchange offer closes within the time frame
currently anticipated.
This press release is for informational purposes only and is not an
offer to buy or the solicitation of an offer to sell any securities.

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