Integra LifeSciences Prices $450M in 9.5% Senior Secured Notes
Integra LifeSciences has priced a $450 million offering of senior secured notes with an interest rate of 9.5%, set to mature in 2033. The transaction is expected to close on or around October 19, according to the company's announcement. The proceeds from this note issuance will be combined with borrowings under new credit facilities to refinance existing debt obligations. This move reflects a strategic effort by Integra LifeSciences to restructure its financing and manage capital more effectively in response to current market conditions.
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