Alere Inc. Announces Offering of $425 Million of Senior Subordinated Notes

  Alere Inc. Announces Offering of $425 Million of Senior Subordinated Notes

PR Newswire

WALTHAM, Mass., May 13, 2013

WALTHAM, Mass., May 13, 2013 /PRNewswire/ --Alere Inc. (NYSE: ALR) (the
"Company") announced today that it intends to offer $425 million of senior
subordinated notes due 2020 through a private placement.

The Company intends to use the net proceeds from the offering to finance its
announced cash tender offer to repurchase any and all of its outstanding $400
million aggregate principal amount of 9.00% Senior Subordinated Notes due 2016
(the "9% Notes"), to redeem any 9% Notes not repurchased pursuant to the
tender offer, to pay related tender, consent solicitation or redemption fees,
premiums, costs and expenses and accrued interest on the 9% Notes, and to pay
costs and expenses related to the offering.

The private placement, which is expected to commence immediately, will be to
qualified institutional buyers in reliance on Rule 144A under the Securities
Act of 1933, as amended (the "Securities Act"), and outside the United States
pursuant to Regulation S under the Securities Act. The notes are not being
registered under the Securities Act. Unless so registered, the notes may not
be offered or sold in the United States except pursuant to an exemption from,
or in a transaction not subject to, the registration requirements of the
Securities Act and applicable state securities laws. This press release shall
not constitute an offer to sell or the solicitation of an offer to buy the
notes, nor shall there be any sale of the notes in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
the federal securities laws, including statements regarding the expected
offering and the use of proceeds. These statements reflect Alere's current
views with respect to future events and are based on management's current
assumptions and information currently available. Actual results may differ
materially due to numerous factors including, without limitation, risks
associated with market and economic conditions. Alere undertakes no obligation
to update any forward-looking statements contained herein.

SOURCE Alere Inc.

Contact: Doug Guarino, Director of Corporate Relations 781-647-3900
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