Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Tenders 2008 > News item |
Mentor secures funds to pay call or put of 2.75% convertibles
By Angela McDaniels
Tacoma, Wash., Oct. 1 - Mentor Corp. amended its credit facility so that proceeds from the facility can be used to repay its 2.75% convertible subordinated notes due 2024, according to an 8-K filing with the Securities and Exchange Commission.
The $125 million of notes have a put option in December and become callable that same month.
The amendment also gives the company continued access to the facility through its proposed reorganization into a holding company structure.
Santa Barbara, Calif.-based Mentor develops products for the aesthetics and general surgery markets.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.