Assertio Holdings Inc

NASDAQ:ASRT   3:59:54 PM EDT
2.24
+0.09 (+4.19%)
Debt Financing / Related, Equity Financing / Related

Assertio Announces Proposed Convertible Senior Notes Offering To Refinance Existing 13% Senior Secured Notes Due 2024

Published: 08/22/2022 20:52 GMT
Assertio Holdings Inc (ASRT) - Assertio Announces Proposed Convertible Senior Notes Offering to Refinance Existing 13% Senior Secured Notes Due 2024.
Assertio Holdings Inc - Intends to Offer $60 Million Aggregate Principal Amount of Convertible Senior Notes Due 2027.
Assertio Holdings Inc - Expects to Grant Initial Purchasers of Convertible Notes an Option to Purchase, Within a 13-day Period.
Assertio Holdings Inc - 13-day Period to Beginning and Include Date on Which Convertible Notes Are First Issued.
Assertio Holdings Inc - Will Grant Initial Purchasers of Convertible Notes Up to an Additional $10 Million Aggregate Principal Amount of Convertible Notes.
Assertio Holdings Inc - Convertible Notes Will Mature on September 1, 2027, Unless Earlier Repurchased, Redeemed Or Converted.