Brief: Heska Corp Announces Private Offering Of $75.0 Million Of Convertible Senior Notes

Heska

11/09/2019 21:05

Sept 11 (Reuters) - Heska Corp  HSKA.O :
    * HESKA CORPORATION ANNOUNCES PROPOSED PRIVATE OFFERING OF
$75.0
MILLION OF CONVERTIBLE SENIOR NOTES
    * HESKA CORP - PROPOSES TO OFFER $75.0 MILLION AGGREGATE
PRINCIPAL
AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2026
    * HESKA CORP - EXPECTS TO USE NET PROCEEDS OF OFFERING TO
REPAY
ALL OUTSTANDING INDEBTEDNESS OF $12.75 MILLION UNDER ITS
EXISTING CREDIT FACILITY
    * HESKA - EXPECTS TO ALSO USE NET PROCEEDS OF OFFERING TO
FULLY
FUND A $2.0 MILLION CASH COLLATERAL ACCOUNT

Source text for Eikon:  ID:nPn7gbPDPa 
Further company coverage:  HSKA.O 

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