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Lasermed Corp. of Costa Mesa has completed...

Lasermed Corp. of Costa Mesa has completed the sale of $300,000 of convertible subordinated debentures to Unicorn Ventures Ltd. and Unicorn Ventures II L. P.

The company, which manufactures laser systems and other products used in eye surgeries, will use the proceeds to increase production of its laser systems. The debentures mature in 1990 and carry an interest rate of 13.5%.

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