Qiagen NV

NYSE:QGEN   4:00:00 PM EDT
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Debt Financing / Related, Exchange Changes, Equity Financing / Related

Qiagen Announces Convertible Bond Offering

Published: 12/10/2020 07:20 GMT
Qiagen NV (QGEN) - Dgap-adhoc: Qiagen Nv: Qiagen NV Launches Non-u.s. Offering of Net Share Settled Convertible Bonds and Solicits Offers From Non-u.s. Holders to Sell Any and All of the Outstanding Convertible Notes Due 2021.
To Issue Senior, Unsecured Net Share Settled Convertible Bonds, Which May Be Converted in Part Into Ordinary Shares of Company ("shares"), Due 2027.
Invites Holders of Qiagen's Outstanding 0.875% Convertible Notes Due 2021 (isin: Xs1046477581; "2021 Notes") Outside United States to Sell Any and All of Outstanding USD 177.2 Million Remaining Aggregate Principal Amount.
Qiagen Intends to Issue New Bonds in Minimum Denominations of USD 200,000 Each.
Aggregate Volume of USD 450 Million.
Number of Shares Underlying New Bonds Will Be Approximately 6.1 Million, Representing Approximately 2.7% of Company's Current Issued and Outstanding Share Capital.