Wright Medical wraps tender offer for 2.625% convertibles due 2014

By Toni Weeks

San Diego, March 11 - Wright Medical Group announced that its tender offer for its 2.625% convertible senior notes due 2014 expired as of 8 a.m. ET on March 11, according to a press release.

The company said that of the $200 million principal amount of notes outstanding, $170,889,000 of the notes, or 85.44%, were validly tendered prior to the expiration of the offer.

The payment date is expected to be March 14.

Questions regarding the tender offer should be directed to Bank of America Merrill Lynch (888 292-0070 or collect 980 388-9217).

Based in Arlington, Tenn., Wright Medical is an orthopedic medical device company and provider of surgical solutions for the foot and ankle market.

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