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Horizon raises $300mm in senior notes

Executive Summary

Horizon Pharma PLC (orphan, primary care, and rheumatology medicines) raised $300mm in senior notes due 2024. The notes bear an interest rate of 8.75% and will be used along with an existing senior secured credit facility to fund the company's planned acquisition of Raptor Pharmaceutical.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Nonconvertible Debt
    • Private Placement

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