Sierra Health Files for Public Sale of $115M Debt

Sierra Health Services Inc. (NYSE:SIE) late yesterday announced that it has filed a registration statement with the Securities and Exchange Commission to register its 2 1/4% senior convertible debentures due 2023 and the underlying shares of common stock for resale by the debenture holders. As previously announced, Sierra issued $115,000,000 aggregate principal amount of the debentures in a private placement in March 2003. Sierra will not receive any of the proceeds from any resale of the debentures or underlying shares of common stock that may be made under the registration statement. ...