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Teladoc, Inc. (NYSE:TDOC) today announced the pricing of its offering of $250 million aggregate principal amount of Convertible Senior Notes due 2025 (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 $25 million from the previously announced offering size of $225 million. In connection with the offering of the Notes, Teladoc granted the initial purchasers of the Notes an option to purchase up to an additional $37.5 million aggregate principal amount of Notes on the same terms and conditions solely to cover over-allotments.
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