secwatch.observer — SEC 8-K summary
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Issuer:     REPLIGEN CORP (RGEN)
CIK:        0000730272
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001193125-23-290319
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Repligen issues $600M of 1% convertible notes due 2028, exchanges $217.7M of 2024 notes
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- Issues $600M aggregate 1.00% Convertible Senior Notes due 2028; $309.9M exchanged for $217.7M of 0.375% notes due 2024, $290.1M for cash.
- Conversion price ~$203.06 per share, representing ~30% premium over Dec 6 close of $156.20.
- Net cash proceeds from subscription ~$276.2M; $14.4M to repurchase common stock from certain note purchasers.
- Expects to close Dec 14; about $69.7M of 2024 notes remain outstanding.
- Notes are senior unsecured, convertible into cash/stock at company's election, redeemable after Dec 2026 under conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730272/000119312523290319/0001193125-23-290319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730272/000119312523290319/d618071d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-290319

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