Advanced Medical Optics exchanges $750,000 3.5% convertibles for stock

New York, Dec. 27 - Advanced Medical Optics, Inc. said it exchanged $750,000 of its 3.5% convertible senior subordinated notes due 2023 for 40,094 shares of common stock.

The transaction was privately negotiated and took place on Dec. 23, according to an 8-K filing with the Securities and Exchange Commission.

The company previously said on Nov. 28 that it exchanged $300,000 of the 3.5% convertibles for 15,965 shares and on Nov. 22 that it exchanged $3 million of the convertibles for 161,742 shares.

Advanced Medical Optics, based in Santa Ana, Calif., makes and markets ophthalmic surgical and eye-care products.

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