SonoSite to raise $150 million

AuntMinnie.com staff writers
Jul 10, 2007

Compact-ultrasound developer SonoSite of Bothell, WA, plans to offer $150 million in convertible senior notes, due 2014.

SonoSite intends to use net proceeds from the offering to fund acquisitions of one or more complementary businesses or product lines, the company said.

Any leftover net proceeds would be used for general purposes, which may include repayment of debt, capital expenditures, investments in its subsidiaries, or as additions to working capital.

By AuntMinnie.com staff writers
July 11, 2007

Related Reading

SonoSite files claim against GE, July 5, 2007

SonoSite broadens SonoMB, June 13, 2007

GE files suit against SonoSite, May 17, 2007

SonoSite sales climb 16%, May 1, 2007

SonoSite introduces SonoMB technology, April 12, 2007

Copyright © 2007 AuntMinnie.com

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