March 22, 2018 / 11:19 AM / 9 months ago

BRIEF-Accelerate Diagnostics Announces $150 Mln Convertible Notes Offering

March 22 (Reuters) - Accelerate Diagnostics Inc:

* ACCELERATE DIAGNOSTICS INC. ANNOUNCES $150 MILLION CONVERTIBLE NOTES OFFERING

* ACCELERATE DIAGNOSTICS - INTENTION TO OFFER $150.0 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2023

* ACCELERATE DIAGNOSTICS INC - ‍EXPECTS TO USE PART OF PROCEEDS OF OFFERING TO PAY PREPAYMENT AMOUNT OF THE PREPAID FORWARD

* ACCELERATE DIAGNOSTICS - EXPECTS TO ENTER PRIVATELY NEGOTIATED PREPAID FORWARD WITH AFFILIATE OF ONE OF INITIAL PURCHASERS OF NOTES

* ACCELERATE DIAGNOSTICS INC - ‍WILL PURCHASE ITS COMMON STOCK FOR SETTLEMENT ON OR AROUND MARCH 15, 2023​ Source text for Eikon: Further company coverage:

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