Collegium calls all $26.35M of 2.625% Convertible Notes due 2026 for redemption June 14

COLLEGIUM PHARMACEUTICAL, INC

Called all $26,350,000 of outstanding 2.625% Convertible Senior Notes due 2026; redemption date June 14, 2024.
Redemption price: 100% of principal plus accrued interest, approximately $1,008.68 per $1,000 note.
Triggered by common stock price exceeding 130% of conversion price for required period under indenture.
Conversion rate increased to 36.7815 shares per $1,000 principal due to Make-Whole Fundamental Change; conversions settled in cash.
Interest ceases after Redemption Date unless company defaults; holders must surrender notes by June 13, 2024.

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