Shockwave Medical Announces Proposed Private Offering of $500M Of Convertible Senior Notes
Portfolio Pulse from Benzinga Newsdesk
Shockwave Medical has announced a proposed private offering of $500 million of convertible senior notes. The proceeds will be used for general corporate purposes.
August 10, 2023 | 11:44 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Shockwave Medical's proposed private offering of $500 million of convertible senior notes could potentially increase the company's liquidity and fund its operations.
The proposed private offering of $500 million of convertible senior notes by Shockwave Medical could potentially increase the company's liquidity, providing it with more resources to fund its operations. This could have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100