Repligen To Issue $1B Of 0.25% Convertible Senior Notes Due 2031 As Part Of Exchange, With ~$541.4M Of New Notes Issued In Exchange For ~$456.8M Of 2028 Notes And ~$458.6M Of New Notes Issued For Cash
Repligen Corporation (NASDAQ:RGEN) ("Repligen"), today announced that it entered into privately negotiated exchange and/or subscription agreements with certain holders of its outstanding 1.00% Convertible Senior
Repligen is swapping out old loans for new ones at lower interest rates. This means the company pays less money each year, which helps its cash situation.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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