VECO - Veeco Instruments plans $200M private offering of convertible senior notes
2023-05-16 16:14:22 ET
- Veeco Instruments ( NASDAQ: VECO ) plans private offering of convertible senior notes due 2029, worth $200M.
- Offering exclusively for qualified institutional buyers under Rule 144A.
- Initial purchasers may receive a 30-day option to acquire up to an additional $30M of the notes.
- Net proceeds from the offering to fund potential Note Exchanges and general corporate purposes.
- If option exercised, net proceeds from additional note sale also allocated for general corporate purposes.
- Press Release
For further details see:
Veeco Instruments plans $200M private offering of convertible senior notes