Thu. Dec 5th, 2024

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.

ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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