SonoSite completes $200 million offering of notes

AuntMinnie.com staff writers
Jul 16, 2007

Compact-ultrasound developer SonoSite has closed its offering of $200 million in convertible senior notes.

The Bothell, WA-based firm said it intends to use the net proceeds from the offering to fund acquisitions "from time-to-time" of one or more complementary businesses or product lines. To the extent the net proceeds are not used for acquisitions, they will be used for general corporate purposes, including debt repayment, capital expenditures, investment in its subsidiaries, or as additions to working capital, SonoSite said.

By AuntMinnie.com staff writers
July 17, 2007

Related Reading

SonoSite to raise $150 million, July 11, 2007

SonoSite files claim against GE, July 5, 2007

SonoSite broadens SonoMB, June 13, 2007

GE files suit against SonoSite, May 17, 2007

SonoSite sales climb 16%, May 1, 2007

Copyright © 2007 AuntMinnie.com

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