debt
confidence high
sentiment neutral
materiality 0.50
Integer Holdings 2.125% convertible notes become convertible in Q4 2024 after stock price trigger
Integer Holdings Corp
- Notes convertible Oct 1-Dec 31, 2024; conversion rate 11.4681 shares per $1,000 principal (~$87.20/share).
- Trigger: stock price >130% of conversion price for 20 of 30 trading days ending Sep 30, 2024.
- Settlement: cash up to principal amount; cash/shares combo at company's option for remainder.
- Notes due 2028; CUSIP 45826H AB5.