Navigation Links
Volcano Corporation Prices $100 Million 2.875 Percent Convertible Senior Notes Due 2015
Date:9/14/2010

SAN DIEGO, Sept. 15 /PRNewswire-FirstCall/ -- Volcano Corporation (Nasdaq: VOLC) today announced the pricing of its offering of $100 million aggregate principal amount of 2.875 percent convertible senior notes due September 1, 2015 registered under the Securities Act of 1933, as amended. Prior to June 1, 2015, the notes will be convertible only upon certain circumstances. Upon conversion, holders will receive up to the principal amount of the notes in cash and any excess conversion value in shares of Volcano's common stock. Volcano granted the underwriter of the offering a 13-day option to purchase up to $15 million aggregate principal amount of additional notes. The offering is expected to close on September 20, 2010, subject to customary closing conditions.

The notes will mature on September 1, 2015, unless previously converted in accordance with their terms prior to such date. The notes will be general senior unsecured obligations of Volcano, and interest will be payable semi-annually in cash at a rate of 2.875 percent per annum on March 1 and September 1 of each year, beginning March 1, 2011. The initial conversion rate of 33.7339 shares of common stock per $1,000 principal amount of notes is equivalent to a conversion price of approximately $29.64 per share of common stock, which is 27.5% higher than the closing price of the Company's stock on September 14, 2010.  The conversion rate is subject to adjustment in certain events, such as distributions of dividends and stock splits.

The company estimates that net proceeds from the offering will be approximately $96.1 million, after deducting the underwriter's discounts and estimated transaction expenses associated with the offering and the convertible note hedge transaction and the warrant transaction payable by the company. The company expects to use approximately $8.7 million of the net proceeds from the sale
'/>"/>

SOURCE Volcano Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. Volcano Sponsors First Study Designed to Determine if IVUS Can Identify Patients at Risk for Stent Thrombosis and to Demonstrate the Benefit of IVUS Guidance for Procedural Outcome
2. Volcano Announces Participation in SATURN Clinical Trial Sponsored by AstraZeneca
3. Volcanos VH(R) IVUS Technology Used in Imaging Study of GlaxoSmithKlines Novel Investigational Compound, Darapladib
4. Volcano Corporation Schedules Third Quarter Conference Call, Webcast
5. Volcano Corporation Announces Litigation Status
6. Volcano Corporation Presentation at Canaccord Adams Conference to Be Webcast
7. Volcano Corporation Announces Preliminary Record Revenues for Fourth Quarter 2009; Total Year Revenues are Expected to Exceed Prior Guidance
8. Volcano Corporation Commends the Elevation of FFR to Level of Evidence A in New PCI Guidelines
9. Volcano Announces Installed Base Growth Milestone
10. Axsun Technologies, A Wholly-Owned Subsidiary of Volcano Corporation, Announces Breakthrough Integrated Light Source Architecture for Optical Coherence Tomography (OCT) Imaging
11. Volcano Corporation Completes Acquisition of Lumen Biomedicals Xtract(TM) Thrombus Aspiration Catheter
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/24/2014)... YORK , Nov. 24, 2014  Relmada Therapeutics, ... for the treatment of chronic pain, announced today that ... to present at the LD MICRO "MAIN Event" Micro-Cap ... will be held at the Luxe Sunset Bel Air ... Los Angeles, California . ...
(Date:11/24/2014)... Theater, LLC, announced today that their technology will be ... Europe,s first simulation center, The ... Planner (SRP) and the Surgical Navigation Advanced Platform (SNAP) ... navigation and augmented reality capabilities in the operating room ... Department of Neurosurgery at Mount Sinai Health System in ...
(Date:11/24/2014)... novembre 2014  Surgical Theater LLC ha ... esposta durante l,apertura in data 24 novembre ... la Fondazione IRCCS Istituto Neurologico Nazionale "C. ... (strumento di pianificazione chirurgica) e Surgical Navigation ... avanzata) saranno presentati in occasione dell,evento dedicato ...
Breaking Medicine Technology:Relmada Therapeutics To Present At LD MICRO Conference 2Surgical Theater's Technology to be Showcased at the Opening of the Besta NeuroSim Center in Milan, Italy 2Surgical Theater's Technology to be Showcased at the Opening of the Besta NeuroSim Center in Milan, Italy 3La tecnologia di Surgical Theater in mostra in Italia all'apertura del centro Besta NeuroSim di Milano 2La tecnologia di Surgical Theater in mostra in Italia all'apertura del centro Besta NeuroSim di Milano 3La tecnologia di Surgical Theater in mostra in Italia all'apertura del centro Besta NeuroSim di Milano 4
... and TORONTO, Feb. 27, 2012 Generex Biotechnology Corporation ... President of Generex subsidiary Antigen Express, Inc., will give ... be held in Boston, MA February 27-29.  The presentation, ... the Role of Th cells," will be given Wednesday, ...
... WHAT: Gearing up for its 2012 multi-city tour, the first stop ... with the Coconut Grove Chamber of Commerce, along with input ... has listed the "Top 25 Sights to See" in Miami ... – tourists and Miami locals alike – to vote on ...
Cached Medicine Technology:Generex Subsidiary Antigen Express to Present at Prestigious Cancer Immunotherapy Summit 2Generex Subsidiary Antigen Express to Present at Prestigious Cancer Immunotherapy Summit 3Generex Subsidiary Antigen Express to Present at Prestigious Cancer Immunotherapy Summit 4Transitions Optical Kicks-Off 2012 Multi-City "Sightseeing City Tour" with Voting Contest for "Top 10 Sights to See" in Miami 2
(Date:11/24/2014)... 24, 2014 Global electrophysiology devices ... by 2020, according to a new study by ... cardiac arrhythmias clubbed with growing global geriatric population ... Though still in the budding stage, the electrophysiology ... usage rates in the recent times, with physicians ...
(Date:11/24/2014)... 2014 A new sports massage ... pain-relief service and massage therapy provider, announced it ... This newest sports massage is a ... between traditional sports massage and ESM is that ... very own "reset button,” and ESM can increase ...
(Date:11/24/2014)... Mental health issues affect tens of ... families, ruin careers, and generally destroy lives. , ... suffer,” says Hardy Nutritionals® founder David ... specialized nutritional treatments can reverse these disorders naturally.” ... Matter”, the premiere episode of O2 Media’s new ...
(Date:11/24/2014)... 2014 Dr. Michael Kettel , a ... appeared on NBC to discuss egg freezing as a viable ... trending in the news recently, with new company benefits at ... , “[The companies] see it as a way ... career hot path.” Says Dr. Kettel. , Up until a ...
(Date:11/23/2014)... The report, “Market Snapshot: Aesthetic Lasers ... Asia-Pacific” provides quantitative analysis of the three aesthetic ... body contouring devices, non-invasive body contouring devices and ... data by revenue and volume over the 2006 ... South Korea, Australia and India. It uses data ...
Breaking Medicine News(10 mins):Health News:Electrophysiology Devices Market Worth Forecasted To Reach $6.19 Billion By 2020: Grand View Research, Inc. 2Health News:Electrophysiology Devices Market Worth Forecasted To Reach $6.19 Billion By 2020: Grand View Research, Inc. 3Health News:Electrophysiology Devices Market Worth Forecasted To Reach $6.19 Billion By 2020: Grand View Research, Inc. 4Health News:Sports Massage in London by Massaggi Presents New Technique to Reset Muscles, Rapidly Eliminate Pain 2Health News:Sports Massage in London by Massaggi Presents New Technique to Reset Muscles, Rapidly Eliminate Pain 3Health News:Nutritional Mental Health Treatment Featured on Access Health Airing on Lifetime Television® 2Health News:Nutritional Mental Health Treatment Featured on Access Health Airing on Lifetime Television® 3Health News:Dr. Michael Kettel of San Diego Fertility Center Gives “An Inside Look at Freezing Eggs” on NBC 2Health News:Dr. Michael Kettel of San Diego Fertility Center Gives “An Inside Look at Freezing Eggs” on NBC 3Health News:Aesthetic Lasers and Energy Devices Market in APAC (China, Japan, South Korea, Australia and India) to 2020 2Health News:Aesthetic Lasers and Energy Devices Market in APAC (China, Japan, South Korea, Australia and India) to 2020 3Health News:Aesthetic Lasers and Energy Devices Market in APAC (China, Japan, South Korea, Australia and India) to 2020 4
... in Copenhagen, , MONDAY, Dec. 7 (HealthDay News) -- ... as carbon dioxide endanger people,s health. , The so-called ... administrator of the U.S. Environmental Protection Agency at an ... step by the EPA to regulate greenhouse gases under ...
... , HOUSTON Dec. 7 Dr. Victor ... room physician and medical entrepreneur in Houston, as a father and ... 52, Victor suffered cardiac arrest as a result of an undetected ... save lives as an organ and tissue donor. Dr. Miranda is ...
... study shows that people who have been infected with ... kidneys for years after initial infection, potentially leading to ... 1 issue of The Journal of Infectious Diseases ... Spread by infected mosquitoes, West Nile virus was first ...
... SOUTH PORTLAND, Maine, Dec. 7 Times are tough for a ... living on fixed incomes, times are even tougher. , But ... and Blue Shield in Maine and developed by the National Council ... Supplemental Nutrition Assistance Program (SNAP), formerly the federal food stamp program, ...
... 7 "You can,t teach an old dog new tricks," it,s ... about pets continue to be passed down from generation to generation. ... pet owners believe them and act on them," says Mark Nunez, ... check with your veterinarian to find out if a commonly held ...
... PAUL, Minn., Dec. 7 Securian,s IncomeToday! single ... on the CANNEX SPIA Exchange. , IncomeToday! debuted ... the Advance Withdrawal Benefit. This feature allows clients to take ... income stream, making IncomeToday! a fixed annuity that ...
Cached Medicine News:Health News:EPA: Greenhouse Gases Hazardous to Your Health 2Health News:EPA: Greenhouse Gases Hazardous to Your Health 3Health News:The Dignity Memorial(R) Network Honors Four Individuals Who Gave the Gift of Life Through Organ and Tissue Donation 2Health News:The Dignity Memorial(R) Network Honors Four Individuals Who Gave the Gift of Life Through Organ and Tissue Donation 3Health News:West Nile virus infection may persist in kidneys years after initial infection 2Health News:West Nile virus infection may persist in kidneys years after initial infection 3Health News:Anthem Blue Cross and Blue Shield in Maine and National Council on Aging Provide Vital Benefits Information to Economically Challenged Older Adults 2Health News:Some Myths About Dogs and Cats Are Not Only False - They're Dangerous! 2Health News:IncomeToday! Securian's Minnesota Life/SPIA Product Added to CANNEX Exchange 2
Khosla Precision and Quality in Medical and Surgical Products....
Khosla Precision and Quality in Medical and Surgical Products....
Khosla Precision and Quality in Medical and Surgical Products....
... For Anterior and Posterior segment surgeries ... using Ventury or Peristaltic Linear Aspiration. ... for specific cutting action. Easy to ... movement. Cutting speed-variable from 1- 600 ...
Medicine Products: