Accuray announces convertible notes exchange and subscription

Sunnyvale, calif., may 6, 2021 /prnewswire/ -- accuray incorporated (nasdaq: aray) today announced that it has entered into privately negotiated agreements with the holders of its existing 3.75% senior convertible notes due 2022 (the "2022 notes") to exchange an aggregate of $82.1 million principal amount of 2022 notes for approximately $97.1 million aggregate principal amount of a new series of 3.75% senior convertible notes due 2026 (the "new notes" and such transaction, the "exchange").
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