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Published on 8/5/2011 in the Prospect News Convertibles Daily.

Synergetics USA files $50 million shelf for stock and debt securities

By Devika Patel

Knoxville, Tenn., Aug. 5 - Synergetics USA, Inc. filed a $50 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, debt securities, warrants and units.

The debt may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Based in O'Fallon, Mo., Synergetics designs, manufactures and markets medical devices for use primarily in ophthalmic surgery and neurosurgery and for other health care applications.


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