---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-066056"
form_type: "8-K"
ticker: "HAE"
cik: "0000313143"
company_name: "HAEMONETICS CORP"
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:49:03.134250+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Haemonetics issues $700M in 2.50% convertible notes due 2029; used to repurchase 2026 notes and repay revolver

## Summary
- Issued $700M (incl. $100M greenshoe) of 2.50% Convertible Senior Notes due June 1, 2029.
- Used proceeds to repurchase $200M of 0% 2026 notes for $185.5M and repay $230M revolver balance.
- Entered capped call transactions costing ~$88.2M with cap price $180.18 (100% premium over stock).
- Initial conversion rate 8.5385 shares/$1,000 (~$117.12/share); notes redeemable from June 2027 if stock exceeds 130% of conversion price.

## SEC filing metadata
- accession: 0001104659-24-066056
- form_type: 8-K
- ticker: HAE
- cik: 0000313143
- company_name: HAEMONETICS CORP
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/313143/000110465924066056/0001104659-24-066056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/313143/000110465924066056/tm2415643d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-066056
- JSON: https://secwatch.observer/filing/0001104659-24-066056.json
- Plain text: https://secwatch.observer/filing/0001104659-24-066056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.