San Diego Business Journal

DJO Global Subsidiary to Conduct Private Offering

Monday, March 26, 2012

DJO Global Inc., the manufacturer of orthopedic devices, recently said its subsidiary, DJO Finance LLC, will conduct a private offering of $230 million in second priority notes due 2018.

The Vista-based company said it intends to use the funding, along with proceeds from a term loan and new line of credit, to repurchase $219 million in senior notes due 2014 that are currently paying 10.875 percent interest as well as repay other outstanding debt instruments.

— Mike Allen