LeMaitre Vascular to Offer $150M in Convertible Notes

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Lemaitre Vascular ( (LMAT) ) has issued an update.

LeMaitre Vascular, Inc. announced its intention to offer $150 million in Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers. The proceeds from this offering are expected to be used for working capital, and potentially for acquisitions or investments in complementary companies, product lines, or technologies, which could impact its market positioning and operations.

More about Lemaitre Vascular

LeMaitre Vascular, Inc. is a company that provides devices, implants, and services for the treatment of peripheral vascular disease, which affects over 200 million people globally. The company develops, manufactures, and markets disposable and implantable vascular devices, primarily catering to vascular surgeons.

YTD Price Performance: 78.82%

Average Trading Volume: 128,234

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.26B

See more data about LMAT stock on TipRanks’ Stock Analysis page.

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