TEXT-S&P Downgrades Alere Inc To 'B', Rates New Notes; Otlk Stbl
Posted on November 27, 2012 at 19:23 PM EST
-- Alere Inc. is issuing $450 million of unsecured notes, which will, in part, be used to repay the $250 million 7.875% senior notes and $97.5 million outstanding revolver balance.