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Qiagen N.V. Offers $500M Convertible Bonds Due 2031, 2.5% Coupon, 44% Premium

ByLisa Luckas

09/03/2024
person sitting near table holding newspaperPhoto by Adeolu Eletu
  • QIAGEN N.V. announces a $500 million convertible bond offering due 2031 with a 2.5% coupon, convertible into shares at a 44% premium.
  • The offering is restricted in certain jurisdictions and targeted at professional investors.

September 03 2024 15:04:34 UTC– QIAGEN N.V. successfully placed new convertible bonds with increased offering size.

Bonds pay 2.5% annual coupon, convertible into QIAGEN shares, and have a 44% premium over the reference share price. No sale in specific regions, including the U.S. or to U.S. persons.

Details to follow post-trading. Bond distribution and sale restricted by law in certain areas. Bond offering not for U.S. or retail investors in the EEA or UK. Contact information provided.

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