Omnicell, Inc.

NASDAQ:OMCL   3:59:52 PM EDT
140.00
-0.30 (-0.21%)
Debt Financing / Related, Share Repurchases, Other Pre-Announcement

Omnicell Announces Proposed Private Placement Of $500 Million Of Convertible Senior Notes

Published: 09/22/2020 11:46 GMT
Omnicell, Inc. (OMCL) - Omnicell Announces Proposed Private Placement of $500 Million of Convertible Senior Notes.
Omnicell Inc - Intends to Offer $500.0 Million Aggregate Principal Amount of Convertible Senior Notes Due 2025.
Omnicell Inc - Expects to Use a Portion of Net Proceeds From Offering to Pay Cost of Convertible Note Hedge Transactions.
Omnicell Inc - Expects to Also Use Up to $75.0 Million of Net Proceeds From Offering to Repurchase Shares of Its Common Stock From Purchasers of Notes.
Omnicell Inc - Intends to Use Remainder of Net Proceeds From Offering to Pay Down Outstanding Borrowings Under Its Revolving Credit Facility.