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QIAGEN N.V. announces successful placement of new net share settled convertible bonds
Sep 03, 2024•almost 2 years ago
Contract Type
partnership
Description
QIAGEN N.V. has announced certain terms of the new senior, unsecured net share settled convertible bonds, which may be converted into ordinary shares of QIAGEN due 2031. The size of the offering has been increased to $500 million aggregate principal amount, with a coupon of 2.500% per annum and an initial conversion price set at a 44.0% premium over the reference share price.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months