Concordia International (CXRX) Shares Continue Slide
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Concordia International Announces Closing of Senior Notes Offering and Appoints Allan Oberman to Board of Directors
October 13, 2016 12:23 PM EDTOAKVILLE, ON, Oct. 13, 2016 /PRNewswire/ - Concordia International Corp. ("Concordia" or the "Company") (NASDAQ: CXRX) (TSX: CXR), an international specialty pharmaceutical company focused on generic and legacy pharmaceutical products and orphan drugs, today announced the closing of its previously disclosed offering (the "Offering") of 5 ½ year Senior Secured First Lien Notes (the "Notes").
The Notes bear an interest rate of 9.00 per cent per annum and were issued at 100.00 per cent of their face value. The principal amount of the Notes is US$350 million.
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