Medical Device Law Weekly
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Advanced Medical Optics, Inc.
Advanced Medical Optics Announces Note Purchase
November 9th, 2008
Advanced Medical Optics, Inc. (AMO) (NYSE:EYE) announced that the company purchased approximately $124 million aggregate principal amount of its 3.25% convertible senior subordinated notes due 2026 for approximately $51.8 million and approximately $57 million aggregate principal amount of its 2.50% convertible senior subordinated notes due 2024 for approximately $45.3 million. These repurchases were consummated pursuant to privately negotiated transactions with holders of the notes that had previously contacted the company. The company funded these repurchases by drawing approximately $97 million on its senior revolving credit facility. On September 26, 2008, the...
Source: Medical Device Law Weekly (2008-11-09)
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