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Cephalon completes $300mm convertible debt offering

Executive Summary

Cephalon (CNS therapeutics) has completed a private placement of $300mm in subordinated notes due in 2006, with an annual interest rate of 5.25%, convertible into Cephalon common at $74 per share to institutional investors.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Convertible Debt
    • Private Placement

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