ATEC Prices Upsized $350.0 Million Convertible Senior Notes Offering
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Alphatec Holdings, Inc. (Nasdaq: ATEC) has announced the pricing of a $350 million convertible senior notes offering, increased from the original size. The notes have a 0.75% interest rate and are due in 2030.
March 05, 2025 | 4:15 am
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Alphatec Holdings has priced a $350 million convertible senior notes offering, which was upsized from the original amount. The notes carry a 0.75% interest rate and are due in 2030.
The upsizing of the convertible notes offering suggests strong demand and confidence from institutional investors. This could provide Alphatec with additional capital for growth and operations, potentially leading to a positive short-term impact on the stock price.
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