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OPKO Health to issue shares, cash for $70.4 million 3% convertibles
By Jennifer Chiou
New York, June 20 – OPKO Health, Inc. announced that it entered into an agreement with a holder of its 3% convertible senior notes due 2033 to issue 10,974,430 common shares and pay $800,000 in cash for $70.4 million principal amount of the notes.
The transaction is expected to settle on June 25.
OPKO is a health care company based in Miami.
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