Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for King Pharmaceuticals, Inc. > News item |
King Pharmaceuticals buys back $165 million of convertibles
By Elaine Rigoli
Tampa, Fla., March 30 - King Pharmaceuticals, Inc. repurchased $165 million of its outstanding 2¾% convertible debentures due 2021 on Wednesday, together with accrued interest.
The company now has $180 million of the convertibles outstanding, according to an 8-K report filed with the Securities and Exchange Commission.
King, located in Bristol, Tenn., is a pharmaceutical company that develops therapies and technologies primarily in cardiovascular/metabolics, neuroscience and acute-care settings.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.