Integer Holdings Opens Conversion Window for 2028 Senior Notes
Integer Holdings notified bondholders its 2.125% Convertible Senior Notes due 2028 are convertible through Dec. 31, 2026.
Integer Holdings Corporation (NYSE: ITGR), a Plano, Texas-based medical device contract manufacturer, announced Thursday that holders of its 2.125% Convertible Senior Notes due 2028 may now exercise their conversion option through the end of the year.
The conversion window opened October 1, 2026, and closes at the close of business on December 31, 2026, giving eligible noteholders roughly three months to act. The option rests entirely with the holders, not the company.
Read more Class Action Filed Against Fluence Energy Over Alleged Investor Harm →
Under the terms governing the notes, Integer will settle conversions in cash up to the full principal amount. Any obligation exceeding that principal may be satisfied, at Integer's discretion, in cash, shares of common stock, or a combination of the two — giving the company flexibility in how it manages any equity dilution that could result.
Future convertibility determinations for periods beyond December 31 will be governed by the terms of the indenture that controls the notes, the company said, leaving open the possibility that additional conversion windows could be triggered under specified conditions.
Integer Holdings is a contract development and manufacturing organization serving the medical device industry, listed on the New York Stock Exchange under the ticker ITGR. Continue reading at GlobeNewswire - Mergers And Acquisitions.
