*

Penny Stock DD

 Endo Pharmaceuticals Holdings Inc. (NASDAQ: ENDP) today announced a private offering of $700 million aggregate principal amount of senior unsecured notes. The notes will be unsecured, unsubordinated obligations of the Company and will be guaranteed by certain of the Company’s subsidiaries.  

Endo intends to use the net proceeds of this offering, together with cash on hand and borrowings under its new credit facility, to finance its acquisition of American Medical Systems Holdings, Inc. (“AMS”), refinance Endo’s existing credit facility and existing AMS indebtedness and pay related fees and expenses.

Full article

Regards,

Don

Leave a Reply

Performance Optimization WordPress Plugins by W3 EDGE