Pacira (PCRX) Financing Deal Removes Overhang
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Pacira Pharma (PCRX) Prices $110M Convertible Notes Offering
January 17, 2013 8:08 AM ESTPacira Pharmaceuticals, Inc. (Nasdaq: PCRX) announced that it has priced its private offering of $110 million in aggregate principal amount of its 3.25 percent Convertible Senior Notes due 2019. The Company has also granted the initial purchasers a 30-day option to purchase up to an additional $10 million in aggregate principal amount of the notes on the same terms and conditions, solely to cover sales in excess thereof, if any. The notes will be sold only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of... More
