| Ticker: PLS | 515 West Greens Road, Suite 800 | |
| Exchange: New York Stock Exchange | Houston, Texas 77067 | |
| Industry: Service | (713) 873-6623 |
| Type of Shares: | Common Shares | Filing Date: | 6/28/96 | |
| U.S. Shares: | 4,600,000 | Offer Date: | 8/13/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $11.50 | |
| Primary Shares: | 4,600,000 | Offer Price: | $8.50 | |
| Secondary Shares: | 0 | Gross Spread: | $0.51 | |
| Offering Amount: | $52,900,000 | Selling: | $0.30 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 54,647,167 |
| Manager | Tier | Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 504-4525 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-2000 |
| Chicago Corporation, The | Co-manager | (312) 855-7600 |
| Smith Barney Inc. | Co-manager | (718) 921-8473 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $696.90 | $368.56 | $347.24 | Assets: | $840.62 |
| Net Income: | $6.31 | -$6.69 | $2.16 | Liabilities: | $570.74 |
| EPS: | $0.11 | -$0.13 | $0.04 | Equity: | $269.88 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a leading healthcare company that owns and operates acute care and specialty hospitals and related healthcare businesses serving selected markets in the United States. Paracelsus owns and operates 18 acute care hospitals with a total of 1,685 licensed beds in seven states; California, Utah, Tennessee, Texas, Florida, Georgia and Mississippi. Paracelsus' acute care hospitals provide a broad array of general medical and surgical services on an inpatient, outpatient and emergency basis. In addition, certain hospitals and their related facilities offer rehabilative medicine, substance abuse treatment, psychiatric care and Acquired Immune Deficiency Syndrome care. Paracelsus also owns and operates in California three psychiatric hospitals with 218 licensed beds, four skilled nursing facilities with 232 licensed beds and a 60 bed rehabilitative hospital. In additional, Paracelsus owns and operates eight home health agencies and thirteen medical office buildings adjacent to certain of its hospitals. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used to prepay outstanding indebtedness. |
©1996 IPO Data Systems, Inc. - All rights reserved.