Cutera, inc. announces pricing of offering of $100 million of convertible senior notes

Brisbane, calif.--( business wire )--cutera, inc. (nasdaq: cutr) (“cutera” or the “company”), a leading provider of aesthetic and dermatology solutions, today announced the pricing of $100 million aggregate principal amount of 4.00% convertible senior notes due 2029 (the “notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the “securities act”). cutera also granted the initial purchasers of the notes an option to purchase up to an additional $20 million aggregate principal amount of the notes. the sale of the notes is expected to close on december 12, 2022, subject to customary closing conditions.
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