LeMaitre Vascular (LMAT) said Monday it plans a private offering of $150 million of convertible senior notes due Feb. 1, 2030.
The company expects to grant an overallotment option to the initial note purchasers to acquire up to an additional $22.5 million of the notes.
LeMaitre said it plans to use the net proceeds for working capital and other general purposes.
The company's shares were down 7.2% in recent trading.
Price: 93.47, Change: -7.22, Percent Change: -7.18
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