-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KSRh6sqQhHq21uSSPOV40aOU23IAbJrcRFsT8fTQaQwuEcPSeQkOTXWy79eF1HOx hF2rIwnQ0F8VJEkrZe8kPQ== 0000950135-99-000289.txt : 19990127 0000950135-99-000289.hdr.sgml : 19990127 ACCESSION NUMBER: 0000950135-99-000289 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENZYME CORP CENTRAL INDEX KEY: 0000732485 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 061047163 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-59513 FILM NUMBER: 99513012 BUSINESS ADDRESS: STREET 1: ONE KENDALL SQ CITY: CAMBRIDGE STATE: MA ZIP: 02139 BUSINESS PHONE: 6172527500 MAIL ADDRESS: STREET 1: ONE KENDALL SQUARE CITY: CAMBRIDGE STATE: MA ZIP: 02139 424B3 1 GENZYME CORPORATION 1 Prospectus Supplement Filed Pursuant to Rule 424(b)(3) To Prospectus Dated September 18, 1998 Registration No. 333-59513 GENZYME $250,000,000 Principal Amount of 5 1/4% Convertible Subordinated Notes Due 2005 6,313,131 Shares of Genzyme General Division Common Stock Genzyme previously issued $250,000,000 principal amount of 5 1/4% convertible subordinated notes due 2005. Holders of these notes can convert principal into shares of Genzyme General Division Common Stock. This prospectus supplement relates to sales of these notes and such shares. A copy of the prospectus dated September 18, 1998 should be delivered to you together with this prospectus supplement. In deciding whether to invest, you should carefully review the information in the prospectus and this prospectus supplement. ___________________________ INVESTING IN THE 5 1/4% CONVERTIBLE SUBORDINATED NOTES AND SHARES OF GENZYME GENERAL DIVISION COMMON STOCK INVOLVES A HIGH DEGREE OF RISK. YOU SHOULD CAREFULLY READ AND CONSIDER THE "RISK FACTORS" BEGINNING ON PAGE 3 OF THE PROSPECTUS. ___________________________ Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense. THE DATE OF THIS PROSPECTUS SUPPLEMENT IS JANUARY 26, 1999. Genzyme Corporation - One Kendall Square, Cambridge, Massachusetts 02139 - (617) 252-7500 2 SELLING SECURITYHOLDERS The information in the following table is presented as of January 25, 1999 and supersedes in part the information in the table appearing under the heading "Selling Securityholders" in the prospectus:
PRINCIPAL AMOUNT NUMBER OF SHARES OF NOTES OF GGD STOCK+ NUMBER OF SHARES OF BENEFICIALLY PERCENTAGE OF BENEFICIALLY GGD STOCK+ ISSUABLE OWNED THAT NOTES OWNED PRIOR TO UPON CONVERSION OF THE NAME MAY BE SOLD OUTSTANDING OFFERING NOTES THAT MAY BE SOLD(1) ---- ---------------- ------------- ---------------- ------------------------- Goldman, Sachs & Co...... 450,000 * 0 11,363 Lombard Odier & Cie...... 100,000 * 0 2,525 Warburg Dillon Read LLC.. 250,000 * 0 6,313
______________ + Genzyme General Division Common Stock. * Less than 1%. (1) Assumes conversion of the full amount of notes held by such holder at the initial rate of 25.2525 shares of Genzyme General Division Common Stock per $1,000 in principal amount of the notes. The conversion rate and the number of shares of Genzyme General Division Common Stock issuable upon conversion of the notes may be adjusted under certain circumstances. See "DESCRIPTION OF NOTES -- Conversion Rights" beginning on page 16 of the prospectus. Accordingly, the number of shares of Genzyme General Division Common Stock issuable upon conversion of the notes may increase or decrease from time to time. Under the terms of Genzyme's Indenture dated May 22, 1998, fractional shares will not be issued upon conversion of the notes; cash will be paid instead of fractional shares, if any. 2
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