Omeros repurchases USD 14.5 million of 9.5% convertible notes due 2029 for USD 29 million - OMER News | RalliesOmeros repurchases USD 14.5 million of 9.5% convertible notes due 2029 for USD 29 million
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OMER• Convertible note repurchase details
- Omeros completed a repurchase of USD 14.5 million principal of its 9.50% Convertible Senior Notes due 2029 on July 20, 2026.
- Total purchase price was about USD 29 million, including accrued and unpaid interest and other obligations.
- Total repurchased and retired under the privately negotiated deals reached USD 30.5 million principal, including an earlier USD 16 million tranche.
- About USD 40.3 million principal amount of the Notes remains outstanding following the repurchases.
