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Published on 4/27/2009 in the Prospect News Convertibles Daily.

SonoSite repurchases $25 million of its convertible notes, resulting in $1.3 million gain

By Devika Patel

Knoxville, Tenn., April 27 - SonoSite, Inc. announced it saw a $1.3 million gain from the repurchase of $25 million of senior convertible notes.

As of March 31, there were $120 million of the notes outstanding, the company said in a news release Monday.

SonoSite is a Seattle medical device company.


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