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Wright Medical Group, Inc. (WGMI) Prices $260 Million Cash Convertible Senior Notes Offering


8/23/2012 9:43:44 AM

ARLINGTON, Tenn.--(BUSINESS WIRE)--Wright Medical Group, Inc. (NASDAQ: WMGI) (the “Company”) today announced the pricing of its offering (the “Offering”) of $260 million principal amount of cash convertible senior notes due 2017 (the “Notes”). The Notes are being offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The Company also granted the initial purchasers of the Notes an option to purchase up to an additional $40 million principal amount of Notes to cover over-allotments. The Offering is expected to close on August 31, 2012, subject to customary closing conditions.

Read at BioSpace.com

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