debt
confidence high
sentiment positive
materiality 0.70
Impinj repurchases all remaining 2026 convertible notes for ~$17.6M
IMPINJ INC
- Repurchased $9.85M aggregate principal of its 2.0% convertible senior notes due 2026.
- Total repurchase price was approximately $17.6M plus $0.1M accrued interest.
- Transactions closed on June 9, 10, and 13, 2022 via privately negotiated deals.
- As a result, no 2026 Notes remain outstanding.
- Eliminates future conversion and interest obligations on this note series.