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Stock impact report

Accelerate Diagnostics prices $150M convertible debt offering [Seeking Alpha]

Accelerate Diagnostics, Inc. (AXDX) 
Last accelerate diagnostics, inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.axdx.com/investors
Company Research Source: Seeking Alpha
Accelerate Diagnostics prices $150M convertible debt offeringAccelerate Diagnostics (NASDAQ:AXDX)prices its private offering of $150M of 2.50% convertible senior note due 2023 to institutional investors. Initial buyers will have the option to purchase up to an additional $30M of the notes.An entity affiliated with one of the company's directors has agreed to purchase $30M of the offering.The initial conversion rate is 32.3428 shares of common stock per $1,000 principal amount of the notes (~$30.92 per share).Closing date is March 27.Click to subscribe to real-time analytics on AXDXNow read:Daily Insider Ratings Round Up 2/22/18 » Show less Read more
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