Tandem Diabetes Care, Inc. announced a proposed private placement of $200.0 million aggregate principal amount of Convertible Senior Notes due 2032, with an option for initial purchasers to buy up to an additional $30.0 million principal amount of notes within 13 days of issuance. The notes will be general unsecured obligations, with interest payable semiannually, and may be settled upon conversion in cash, shares, or a combination of both at Tandem’s election.
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