By AuntMinnie.com staff writers

March 21, 2017 -- Disposable products developer Merit Medical Systems has started an underwritten public offering of shares of its common stock.

The firm expects to offer $125 million of shares of common stock and also plans to grant the underwriters participating in the offering a 30-day option to buy up to an additional $18.75 million of shares of common stock.

The firm expects to use net proceeds from the offering to repay debt under its existing credit facility.


Copyright © 2017 AuntMinnie.com
 

To read this and get access to all of the exclusive content on AuntMinnie.com create a free account or sign-in now.

Member Sign In:
MemberID or Email Address:  
Do you have a AuntMinnie.com password?
No, I want a free membership.
Yes, I have a password:  
Forgot your password?
Sign in using your social networking account:
Sign in using your social networking
account: