SonoSite repurchases $60.3 million of its 3.75% convertibles due 2014

By Devika Patel

Knoxville, Tenn., Oct. 30 - SonoSite, Inc. announced it has repurchased $60.3 million of its 3.75% convertible notes due 2014 in the open market.

The company paid approximately $47.4 million in cash for the notes, excluding accrued interest.

Following these repurchases, the company has $164.7 million of the convertible notes outstanding.

SonoSite is a Seattle medical device company.

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