Guardant Health (GH) Announces Debt Exchange Transactions
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall St futures kick off September under pressure as yields, oil prices rise
- Oil rises as renewed US-Iran strikes stoke supply fears
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
Guardant Health Announces Debt Exchange Transactions
February 7, 2025 6:30 AM ESTPALO ALTO, Calif.--(BUSINESS WIRE)-- Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, today announced that on February 6, 2025, it entered into privately negotiated exchange agreements (the Exchange Agreements) with certain holders of its outstanding 0% Convertible Senior Notes due 2027 (the 2027 Notes), pursuant to which the Company will issue $600 million aggregate principal amount of 1.25% Convertible Senior Notes due 2031 (the New Notes) in exchange for the retirement of approximately $659.3 million principal amount of 2027 Notes (the Transactions). The initial conversion rate of the New Notes will be 16.0716 shares of Guardant Healths common stock (the common stock), per $1,000 principal... More
