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Stock impact report

DexCom Prices Offering of $750.0 Million of 0.75% Convertible Senior Notes

DexCom, Inc. (DXCM) 
Last dexcom, inc. earnings: 4/28 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: dexcom.com/investors
Company Research Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)-- DexCom, Inc. (Nasdaq: DXCM) (“DexCom”) announced today the pricing of its offering of $750.0 million aggregate principal amount of 0.75% Convertible Senior Notes due 2023 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). DexCom also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $100.0 million aggregate principal amount of notes. The sale of the notes is expected to close on November 30, 2018, subject to customary closing conditions. The notes will be senior, unsecured obligations of DexCom, and will bear interest at a rate of 0.75% per year, payable semi-annually in arrears. The notes will mature on December 1, 2023, unless earlier converted, repurchased or redeemed in accordance with the terms of the notes. Prior to 5:0 Show less Read more
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