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OPKO Health offers to repurchase all or some 3% convertible notes
By Sarah Lizee
Olympia, Wash., Jan. 8 – OPKO Health, Inc. said holders of its 3% convertible senior notes due 2033 may require that OPKO purchase for cash all or a portion of the notes.
The convertible notes will be repurchased at par plus accrued interest, according to an 8-K filing with the Securities and Exchange Commission.
The last day that holders may exercise their repurchase right is Jan. 31.
The company’s shares closed at $3.67 (NYSE: OPK) on Monday.
OPKO is a health care company based in Miami.
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