ConMed holders exercise put for all 2.5% convertible notes

By Tali David

Minneapolis, Feb. 15 - ConMed Corp. received notice and repurchased all of its 2.5% convertible notes in November, according to a company press release.

The company used cash on hand and borrowings under its senior credit facility to fund the redemption.

ConMed is a Utica, N.Y.-based medical technology company specializing in medical devices for surgical and patient monitoring markets.

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