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Sepracor completes $165mm offering of convertible debentures

Executive Summary

Public company Sepracor (chiral chemistry) has completed a $165mm offering of convertible subordinated debentures due 2005. The 6.25% debentures will be converted into common stock at $47.36 per share, redeemable in three years.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
    • Chiral Chemistry
Deal Status
  • Final
Deal Type
  • Financing
    • Convertible Debt
    • Private Placement

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