Integer Holdings prices $875M convertible notes at 1.875%, exchanges $383.7M of existing notes

Integer Holdings Corp

Priced $875M of 1.875% convertible senior notes due 2030, upsized from $750M.
Concurrent exchange of $383.7M of existing 2.125% notes for $384.4M cash and 1.6M shares.
Net proceeds ~$853.9M; $62.1M for capped call transactions; balance for debt repayment and general use.
Initial conversion price $150.96 (27.5% premium to $118.40 close); cap price $189.44 (60% premium).
Notes unsecured, mature March 15, 2030; expected closing March 18, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.