Medical Services
Advanced Medical Optics (EYE) has priced a $450 million offering of 3.25% convertible senior subordinated notes that will mature in 2026.
The sale of the notes, which were offered only to qualified institutional buyers, is expected to close on June 13. Beginning in August 2014, the company may redeem any or all of the notes at 100% of their principal amount, plus accrued and unpaid interest. The Santa Ana, Calif., company expects to use the proceeds from the offering and borrowings from its senior credit facility to purchase $500 million worth of stock and up to $100 million of its convertible notes outstanding.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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| 12,419.86 | 1,313.32 | 2,837.36 | 15.95 |
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