May 8, 2017 / 12:07 PM / 2 months ago

BRIEF-Dexcom announces proposed offering of convertible senior notes

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May 8 (Reuters) - Dexcom Inc

* Dexcom announces proposed offering of $300 million of convertible senior notes

* Intends to offer $300 million aggregate principal amount of convertible senior notes due 2022

* Notes will be senior, unsecured obligations of Dexcom, and interest will be payable semi-annually in arrears

* Notes will mature on May 15, 2022

* Expects to use net proceeds of offering of notes to repay $75 million of borrowings under its existing credit facility Source text for Eikon: Further company coverage:

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