secwatch / observer
8-K filed June 13, 2023, 7:59 PM ET CIK 0001038133
M&A confidence high sentiment neutral materiality 0.75

HESKA CORP: debt financing — Heska completes merger with Antech Diagnostics at $120 per share; notes trigger conversion

HESKA CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HESKA CORP faced acceleration on convertible notes with holders of the 3.750% Convertible Senior Notes due 2026 at 3.750% maturing 2026.

Instrument
convertible notes
Counterparty
holders of the 3.750% Convertible Senior Notes due 2026
Rate
3.750%
Maturity
2026
Event
acceleration
Exact text from the filing
The consummation of the Merger constituted both a Fundamental Change and a Make-Whole Fundamental Change (each, as defined in the Indenture). Accordingly, as required by the Indenture, the Company intends to notify holders of the 3.750% Convertible Senior Notes due 2026 (the “Notes”) and the Trustee as promptly as practicable following the Closing Date.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HESKA CORP amended Supplemental Indenture with U.S. Bank Trust Company, National Association, as successor trustee to U.S. Bank National Association valued at $120.00 per share.

Action
amendment
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association, as successor trustee to U.S. Bank National Association
Value
$120.00 per share
Exact text from the filing
On the Closing Date, the Company and U.S. Bank Trust Company, National Association, as successor trustee to U.S. Bank National Association, as Trustee (the “Trustee”), entered into a supplemental indenture (the “Supplemental Indenture”) to the indenture dated as of September 17, 2019 (as amended and supplemented, the “Indenture”), between the Company and the Trustee.
View on SEC.gov

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Source: SEC EDGAR
accession 0001140361-23-029433
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