Financing activity during 2020’s first quarter reached $1.4bn, with most (36%) of the Q1 dollars allocated to debt raises (see Exhibit 1). NuVasive Inc. (spine technologies), which netted $435.9m through the private sale of 0.375% convertible senior notes due 2025 to qualified institutional buyers, completed the largest transaction in the debt category and also the top financing overall of Q1 [See Deal].
SeaSpine Holdings, another company operating in the spine space, netted $79.9m via a follow-on offering [See Deal]. The FOPO...
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