Aspect Medical Systems, Inc. Repurchases $10 Million of Its 2.5% Convertible Senior Notes Due 2014

NORWOOD, Mass.--(BUSINESS WIRE)--Aspect Medical Systems, Inc. (NASDAQ: ASPM) today announced that it has repurchased, in privately negotiated transactions, an aggregate of approximately $10 million face value of its 2.5% Convertible Senior Notes due 2014, for aggregate consideration of approximately $6 million in cash, including accrued interest. In June 2007, Aspect issued $125 million of 2.5% Notes. As a result of these repurchases, $115 million of the 2.5% Notes remain outstanding.
MORE ON THIS TOPIC