On March 1, 2023, Kramer Levin client XMS Capital Partners LLC acted as sole placement agent in connection with the private placement of $500 million aggregate principal amount of 2.00% Senior Convertible Notes due 2030 of Exact Sciences Corp., a leading provider of cancer screening and diagnostic tests. The notes were issued in a private placement not requiring registration under the Securities Act of 1933, as amended.
The Kramer Levin team representing XMS Capital Partners LLC was led by Leveraged Finance partners Terrence L. Shen and Richard E. Farley.