---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-000675"
form_type: "8-K"
ticker: "OPK"
cik: "0000944809"
company_name: "OPKO HEALTH, INC."
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T03:46:03.347285+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OPKO Health prices $200M 3.75% convertible notes due 2029; funds buyback of common stock and 2025 notes

## Summary
- $200M principal, 3.75% rate, matures Jan 15, 2029; initial conversion price ~$1.15 (26.8% premium).
- Affiliates (CEO and others) exchange $71.1M of existing 5% prom notes for affiliate notes.
- Net proceeds ~$192.5M; ~$50M for stock repurchases at $0.9067/share, ~$146.3M to retire ~$144.4M of 4.50% notes due 2025.
- Offering expected to close Jan 9, 2024; initial purchaser option for additional $30M.

## SEC filing metadata
- accession: 0001437749-24-000675
- form_type: 8-K
- ticker: OPK
- cik: 0000944809
- company_name: OPKO HEALTH, INC.
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944809/000143774924000675/0001437749-24-000675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944809/000143774924000675/opk20240104_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-000675
- JSON: https://secwatch.observer/filing/0001437749-24-000675.json
- Plain text: https://secwatch.observer/filing/0001437749-24-000675.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.