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SonoSite sells $194mm of convertible notes

Executive Summary

Ultrasound developer SonoSite netted $194mm through the sale of 3.75% senior notes due in 2014 that convert to common at $38.20 per share. (The company's stock traded at about $32 prior to the sale announcement.)
Deal Industry
  • Medical Devices
    • Diagnostic Imaging Equipment & Supplies
      • Ultrasound
Deal Status
  • Final
Deal Type
  • Financing
    • Convertible Debt
    • Private Placement

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