debt
confidence high
sentiment neutral
materiality 0.55
Glaukos redeems all $57.5M of 2.75% Convertible Notes due 2027; conversion by Dec 13, 2024
GLAUKOS Corp
- Company issued notice to redeem all $57.5M aggregate principal of 2.75% Convertible Senior Notes due 2027.
- Redemption date December 16, 2024; redemption price at 100% of principal plus accrued interest from Dec 1, 2024.
- Holders may convert notes into common stock at 18.1770 shares per $1,000 principal until Dec 13, 2024.
- Notes originally issued in June 2020; redemption exercised under indenture terms.