Veeco Instruments Inc. announced the completion of exchange transactions concerning its 3.75% Convertible Senior Notes due 2027. Through privately negotiated agreements, the company exchanged these notes for approximately 1.6 million newly issued shares of its common stock and around $5.4 million in cash. This move follows the settlement of their 2025 Notes in January and aims to enhance Veeco's financial flexibility by reducing interest expenses and outstanding debt.
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