05:13 PM EDT, 03/12/2025 (MT Newswires) -- Integer Holdings ( ITGR ) plans to offer $750 million of convertible notes due 2030, subject to market conditions.

Initial buyers of the notes will have the option to buy up to an additional $125 million of the notes, the company said Wednesday in a statement.

In connection with the pricing of the notes, the company plans to enter into privately negotiated capped call deals with one or more of the initial buyers.

The company intends to use part of the net proceeds to pay the cost of the capped call deals.

Integer also expects to use some proceeds from the offering, along with a new common stock issuance, in an exchange for some existing 2.125% convertible senior notes due 2028 through privately negotiated transactions concurrently with the pricing of the note offering.