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Invacare retires $71.4M in convertible senior notes

June 2, 2020HME News Staff

ELYRIA, Ohio - Invacare has entered into separate, privately negotiated agreements with certain shareholders of its 5% convertible senior notes due 2021 and certain holders of its 4.5% convertible senior notes due 2022 to exchange about $32.9 million in aggregate principal amount of 2021 notes and $38.5 million in aggregate principal amount of 2022 notes, for aggregate consideration of about $71.4 million in aggregate principal amount of 5% Series II Convertible Senior Exchange Notes due 2024. Exchanging...

Convertible Senior Notes, Debt, Invacare

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