SonoSite buys back debt

AuntMinnie.com staff writers
Oct 30, 2008

Compact-ultrasound developer SonoSite has repurchased $60.3 million of convertible notes, the Bothell, WA-based company said.

As a result, SonoSite expects to report a pretax gain of approximately $11 million, net of deferred issuance costs, in the fourth quarter.

Related Reading

SonoSite adds to M-Turbo, October 27, 2008

SonoSite posts Q3 solid revenue increases, October 23, 2008

SonoSite projects Q3 growth, replaces CFO, October 16, 2008

SonoSite's Dugan takes new position, August 29, 2008

SonoSite upgrades S Series scanners, August 22, 2008

Copyright © 2008 AuntMinnie.com

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