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BRIEF-Insmed Announces Proposed Concurrent Public Offerings Of Common Stock And Convertible Senior Notes Due 2028

05/10/2021 08:13
BRIEF-Insmed Announces Proposed Concurrent Public Offerings Of Common Stock And Convertible Senior Notes Due 2028

- Insmed Inc INSM.O:

  • INSMED ANNOUNCES PROPOSED CONCURRENT PUBLIC OFFERINGS OF COMMON STOCK AND CONVERTIBLE SENIOR NOTES DUE 2028

  • INSMED INC - TO SELL $250 MILLION SHARES AND $500 MILLION CONVERTIBLE SENIOR NOTES DUE 2028 IN SEPARATE CONCURRENT UNDERWRITTEN PUBLIC OFFERINGS

  • INSMED INC - INTENDS TO USE A PORTION OF NET PROCEEDS FROM NOTES OFFERING TO REPURCHASE PORTION OF 2025 NOTES IN PRIVATELY NEGOTIATED TRANSACTIONS

Source text for Eikon: ID:nPn5XrzLWa

Further company coverage: INSM.O


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