NEW YORK (GenomeWeb) – Sequenom today said that it has entered into privately negotiated agreements with holders of its outstanding 5 percent convertible senior notes due 2017, under which the firm will exchange $85 million in aggregate principal amount of those notes for $85 million in 5 percent convertible exchange senior notes due 2018.

It said that following the exchange, there will be $45 million in aggregate principal of the existing notes outstanding with terms of those notes unchanged. The existing notes were issued on Sept. 17, 2012.

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