secwatch.observer — SEC 8-K summary
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Issuer:     REPLIGEN CORP (RGEN)
CIK:        0000730272
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001193125-23-296692
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Repligen issues $600M of 1.00% convertible notes due 2028, exchanges ~$310M of 2024 notes
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- Issued $600M aggregate principal of 1.00% Convertible Senior Notes due 2028, with ~$309.9M exchanged for existing 0.375% 2024 notes and ~$290.1M cash.
- Initial conversion price ~$203.06 per share, representing ~30% premium over Dec 6 closing price of $156.20.
- Notes mature Dec 15, 2028; redeemable at company option after Dec 18, 2026 under stock price conditions.
- Up to 3,841,200 shares of common stock may be issued upon conversion (including make-whole shares).
- Following transactions, ~$69.7M of the original 2024 notes remain outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730272/000119312523296692/0001193125-23-296692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730272/000119312523296692/d654708d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-296692

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