Vocera to redeem $102.9 million of notes due 2023

By Taylor Fox

New York, March 15 – Vocera Communications, Inc. plans to redeem $102.9 million of its convertible notes due 2023, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed using $103.4 million of the proceeds of its new issue of 0.5% convertible senior notes due 2026, and 1.3 million shares of common stock.

Vocera is a San Jose, Calif.-based communications solutions provider for mobile workers in a variety of industries.

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