Omeros expects to repurchase $16.0 million of its 9.50% Convertible Senior Notes due 2029 and has agreements to buy up to an additional $14.5 million.
Key Highlights:
- Will complete repurchase of $16.0M principal on July 6, 2026 for ~ $31.3M total including accrued interest.
- Entered agreements on July 2 to repurchase up to $14.5M principal for up to ~ $31.0M, subject to stock-price averaging and closing conditions.
- After the $16.0M repurchase ~ $54.8M principal will remain; if full $14.5M repurchased, ~ $40.3M will remain outstanding.
- May refinance repurchases with unsecured or limited-collateral debt that is not equity-linked.
Original SEC Filing:
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