BOTHELL, Wash.--(BUSINESS WIRE)--SonoSite, Inc., (Nasdaq:SONO) the world leader in hand-carried ultrasound, today announced the pricing of $200 million aggregate principal amount of Convertible Senior Notes due 2014 in an offering registered under the Securities Act of 1933 as amended (the “Securities Act”), which represents an increase of $50 million from the amount previously announced. The notes will pay interest semiannually at a rate of 3.75% per annum. In certain circumstances, the notes will be convertible based on an initial conversion rate of 26.1792 shares of common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $38.20 per share. Conversions will be settled in cash up to the principal amount of the notes, with any conversion value above the principal amount settled in shares of SonoSite’s common stock. Holders of the notes may require SonoSite to repurchase the notes for cash equal to 100% of the principal amount to be repurchased plus accrued and unpaid interest upon the occurrence of a fundamental change. SonoSite has granted the underwriters a 30-day option to purchase up to $25 million in aggregate principal amount of additional notes to cover overallotments.