7th Dec 2015 07:34
LONDON (Alliance News) - Pharmaceuticals firm Invidior PLC said Friday it has reached a deal to buy back a total of USD75 million of its syndicated debt in the market at a discount, and will retire this debt early over "the coming days."
As a result the company expects its 2015 year-end debt to be between USD635 million to USD645 million, offset by cash of between USD415 million and USD425 million.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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