Faro technologies announces proposed $60 million convertible senior notes offering

Lake mary, fla. , jan. 19, 2023 /prnewswire/ -- faro® technologies, inc. (nasdaq: faro) ("faro") announced that it intends to offer, subject to market conditions and other considerations, $60 million aggregate principal amount of convertible senior notes due 2028 (the "notes") in a private placement to qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the "securities act").
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