---
schema_version: "secwatch.filing_event.v1"
accession: "0001639691-24-000031"
form_type: "8-K"
ticker: "LIVN"
cik: "0001639691"
company_name: "LivaNova PLC"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:42:30.679723+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LivaNova prices $300M 2.5% convertible notes due 2029; plans to repurchase $230M of 3% exchangeable notes

## Summary
- Priced $300M aggregate principal of 2.50% convertible senior notes due 2029; initial purchasers may buy up to $45M more.
- Net proceeds estimated at ~$289.3M ($333M if over-allotment exercised); use includes repurchasing $230M of existing 3% notes.
- Initial conversion price $69.40/share, a 32.5% premium to LIVN's $52.38 close on March 5, 2024.
- Entered capped call transactions with cap price $94.284/share to offset dilution upon conversion.
- Plans to repurchase $230M of 3.00% Cash Exchangeable Senior Notes due 2025 for $270.5M cash (incl. interest).

## SEC filing metadata
- accession: 0001639691-24-000031
- form_type: 8-K
- ticker: LIVN
- cik: 0001639691
- company_name: LivaNova PLC
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639691/000163969124000031/0001639691-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639691/000163969124000031/livn-20240305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639691-24-000031
- JSON: https://secwatch.observer/filing/0001639691-24-000031.json
- Plain text: https://secwatch.observer/filing/0001639691-24-000031.txt

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