12:23 PM EDT, 08/28/2025 (MT Newswires) -- QIAGEN ( QGEN ) said Thursday that its new $750 million senior, unsecured net share settled convertible bonds will pay a coupon rate of 2% per annum.

The bonds' initial conversion price will be a 40% premium over the reference share price, which will be equal to the volume-weighted average price of the company's common shares on Thursday, QIAGEN ( QGEN ) said.

The company said that the final terms of the bonds will be announced after the reference share price is settled, expected after market close on Thursday.

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