Brief: Repligen Announces Private Convertible Transaction Of $600 Mln Principal Amount Of 1% Convertible Senior Notes

Repligen

07/12/2023 12:45

Dec 7 (Reuters) - Repligen Corp  RGEN.O :
    * REPLIGEN ANNOUNCES PRIVATE CONVERTIBLE TRANSACTION OF $600
MILLION PRINCIPAL AMOUNT OF 1.00% CONVERTIBLE SENIOR NOTES DUE
2028 THROUGH EXCHANGE AND NEW SUBSCRIPTION AGREEMENTS
    * REPLIGEN CORP - REPLIGEN ANTICIPATES CASH PROCEEDS FROM
SUBSCRIPTION TRANSACTIONS WILL BE APPROXIMATELY $276.2 MILLION
    * REPLIGEN - UPDATING YEAR-END CASH AND CASH EQUIVALENT
GUIDANCE
TO $717 - $727 MILLION, UP FROM $455 - $465 MILLION COMMUNICATED
IN Q3 2023 EARNINGS CALL
    * REPLIGEN- INTENDS TO USE ABOUT $14.4 MILLION OF PROCEEDS
FROM
SUBSCRIPTION TRANSACTIONS TO REPURCHASE SHARES FROM CERTAIN
PURCHASERS OF NEW NOTES

Source text for Eikon:  ID:nGNX7Pg6c5 
Further company coverage:  RGEN.O 

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