debt
confidence high
sentiment neutral
materiality 0.60
Alphatec issues $405M 0.75% convertibles due 2030, repurchases $253M of 2026 notes
Alphatec Holdings, Inc.
- Completed repurchase of $253.0M of its 0.75% convertible senior notes due 2026 on March 10, 2025.
- Issued $405.0M of 0.75% convertible senior notes due 2030 (previously announced March 7, 2025).
- Cap on shares deliverable upon conversion of new notes is 29,700,000 shares of common stock.
- Company will settle conversions in cash and/or shares until authorized shares are increased.