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Mesa Laboratories Repays $97.5M In Convertible Notes Using Credit Agreement Draw

Author: Benzinga Newsdesk | August 18, 2025 02:04pm

Mesa Laboratories, Inc. (NASDAQ:MLAB) (we, us, our, "Mesa" or the "Company") today announced that it has executed on its previously-announced financial strategy, repaying $97.5 million aggregate principal of the Company's 1.375% Convertible Senior Notes due August 2025 (the "2025 Notes"). On August 12, 2025, the Company drew $97.0 million under its existing Amended and Restated Credit Agreement (the "Credit Agreement"), bringing the total outstanding balance to $108 million. The proceeds from the draw were used to settle the 2025 Notes that matured on August 15, 2025.

Posted In: MLAB


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