Investor Relations

NYSE: TDOC +0.00 +0%
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20 minute delay June 27, 2017

News and Events

June 21, 2017
Teladoc Prices Upsized Offering of $240 Million of Convertible Senior Notes Due 2022
Teladoc, Inc. (NYSE:TDOC) today announced the pricing of its offering of $240 million aggregate principal amount of Convertible Senior Notes due 2022 (the “Notes”) in a private offering to qualified institutional buyers pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased by $40 million from the previously announced offering size of $200 million .  In connection with the offering of the Notes, Teladoc granted the initial purchaser of the Notes an option to purchase up to an additional $35 million aggregate principal amount of Notes on the same terms and conditions solely to cover over-allotments. The sale of the Notes is scheduled to close on June 27, 2017 , subject to satisfaction of customary closing conditions.
Teladoc estimates that the net proceeds from this offering will be approximately $229.4 million, after deducting the initial purchaser’s discount and...
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June 20, 2017
Teladoc Announces Proposed Offering of $200 Million of Convertible Senior Notes due 2022
Teladoc, Inc. (NYSE:TDOC) today announced its intention to offer, subject to market conditions and other factors, $200 million aggregate principal amount of Convertible Senior Notes due 2022 (the “Notes”) in a private offering to qualified institutional buyers pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the Notes, Teladoc expects to grant the initial purchaser of the Notes an option to purchase up to an additional $30 million aggregate principal amount of Notes on the same terms and conditions solely to cover over-allotments.
Teladoc intends to use the proceeds from the offering to finance a portion of the cash consideration payable in connection with Teladoc’s previously announced acquisition of Best Doctors Holdings, Inc. (the “Acquisition”), to refinance existing indebtedness and to pay related fees and expenses. Any remaining proceeds will be used for working...
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