Tabula Rasa (TRHC -0.1%) prices its offering of $285M (from $250M) aggregate principal amount of 1.75% convertible senior subordinated notes due 2026 at par. The initial conversion rate will be 14.2966 common shares per $1,000 principal amount of the notes (~$69.95/share).
Initial buyers will have a 13-day option to purchase an additional $40M of the notes.
Net proceeds should be ~$276.8M (exclusive of buyers option).
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