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March 18, 2013 /PRNewswire/ - Angiotech Pharmaceuticals, Inc. ("Angiotech") announced that today, Deutsche Bank National Trust Company (the "Trustee"), issued a notice of redemption on behalf of Angiotech under the indenture to redeem
$16,000,000 in aggregate principal amount of Angiotech's Senior Secured Floating Rate Notes due 2013 (the "Notes", CUSIP Number 034918AH5). The redemption price for the Notes is equal to 100% of principal amount of the Notes, together with accrued and unpaid interest on the principal amount of the Notes to, but excluding, the redemption date, which is
April 17, 2013. As of the date hereof, there are approximately
$60 million in aggregate principal amount of Notes outstanding.
Forward Looking Statements