Form 8-K Actavis plc For: Feb 19

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Go back to Form 8-K Actavis plc For: Feb 19

Actavis (ACT) Announces $8.4B Ordinary, Convertible Preferred Share Offering

February 19, 2015 7:39 AM EST

Actavis (NYSE: ACT) announced that it is commencing concurrent offerings totaling $8.4 billion, comprising $4.2 billion of Ordinary Shares and $4.2 billion of Mandatory Convertible Preferred Shares, Series A, each in a separate registered public offering, subject to market and other conditions.

Actavis intends to use the net proceeds from these offerings, together with additional debt financing, including a senior unsecured notes... More