secwatch.observer — SEC 8-K summary
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Issuer:     VEECO INSTRUMENTS INC (VECO)
CIK:        0000103145
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001104659-23-061409
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veeco announces $200M convertible senior notes offering due 2029
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- Offers $200M aggregate principal of Convertible Senior Notes due 2029 in private offering to QIBs.
- Initial purchasers granted 30-day option to buy up to an additional $30M of notes.
- Net proceeds to fund cash portion of potential exchanges of existing 3.50% 2025 and 3.75% 2027 notes, remainder for general corporate purposes.
- Veeco may not redeem notes before June 8, 2026; conditional redemption allowed after that date.
- Interest rate, conversion rate to be determined by negotiations with initial purchasers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/103145/000110465923061409/0001104659-23-061409-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/103145/000110465923061409/tm2315518d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-061409

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