Loan & DebtJun 4, 2026, 04:12 PM
Accuray Repays $18M Convertible Senior Notes Due 2026
AI Summary
Accuray Incorporated announced the full repayment of its 3.75% Convertible Senior Notes due 2026 on June 1, 2026. The company repaid the remaining outstanding aggregate principal amount of $18,000,000, along with $337,500 in accrued and unpaid interest. In conjunction with this repayment, the related Indenture was satisfied and discharged, releasing Accuray from its remaining obligations under the agreement.
Key Highlights
- Accuray repaid the remaining outstanding principal amount of $18,000,000 for its 3.75% Convertible Senior Notes.
- The company also paid $337,500 in accrued and unpaid interest on the Notes.
- The Notes, issued on May 13, 2021, matured on June 1, 2026.
- The Indenture governing the Notes was satisfied and discharged in accordance with its terms.
Price Impact
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