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Published on 3/30/2015 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

OPKO Health issues stock, cash for $36.4 million 3% convertibles

By Marisa Wong

Madison, Wis., March 30 – OPKO Health, Inc. entered into an agreement with a holder of its 3% convertible senior notes due 2033 to issue 5,363,896 common shares and pay $168,000 in cash for $36.4 million principal amount of the notes, according to an 8-K filing with the Securities and Exchange Commission.

The transaction settled on March 27.

OPKO is a health care company based in Miami.


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