Latham Represents OSI Systems, Inc. in Upsized US$500 Million Convertible Senior Notes Offering

OSI Systems, Inc. (NASDAQ: OSIS) has announced the pricing of its offering of US$500 million aggregate principal amount of 0.5% convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. The offering size was increased from the previously announced offering size of US$400 million aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on November 20, 2025, subject to customary closing conditions. OSI also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional US$75 million principal amount of notes.

Latham & Watkins LLP represents OSI Systems in the offering with a Capital Markets team led by partners Greg Rodgers, Brittany Ruiz, and Michael Treska, with associates Ryan Gold, Paul Lau, William Coughlin, Dylan Shamoon, and Daniel Weiss. Advice on tax matters was provided by partners Bora Bozkurt and Aaron Bernstein, with associate Farrah Yan.