OSI Systems (OSIS) Announces Proposed Convertible Senior Notes Offering

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Go back to OSI Systems (OSIS) Announces Proposed Convertible Senior Notes Offering

OSI Systems, Inc. Announces Proposed Convertible Senior Notes Offering

July 16, 2024 7:00 AM EDT

HAWTHORNE, Calif.--(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS) (the Company or OSI) today announced its intention to offer, subject to market and other conditions, $275 million aggregate principal amount of convertible senior notes due 2029 (the notes) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). OSI also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first... More