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EDAP TMS holders may swap 9% senior convertibles due 2012 for stock
By Susanna Moon
Chicago, Dec. 3 - EDAP TMS SA holders may get shares in exchange for their 9% senior convertible debentures due 2012, according to a 6-K filing Wednesday with the Securities and Exchange Commission.
Holders approved a supplement to the note terms that allow the notes to be exchanged for 12 months, the filing said.
The exchange will be within limits authorized by shareholders and confirmed at a meeting on Oct. 30.
Based in Vaulx-en-Velin, France, EDAP develops, produces and markets medical devices for the treatment of urological diseases.
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