Intercept Pharmaceuticals Inc

NASDAQ:ICPT   3:59:54 PM EDT
16.41
-0.62 (-3.64%)
Debt Financing / Related

Intercept Pharmaceuticals Enters Into Exchange Agreements With Limited Existing Holders Of 3.50% Convertible Senior Secured Notes Due 2026

Published: 09/02/2022 11:51 GMT
Intercept Pharmaceuticals Inc (ICPT) - Intercept Pharmaceuticals - on Sep 1 Co Entered Into Privately-negotiated Exchange Agreements With Limited Existing Holders of Its 3.50% Convertible Senior Secured Notes Due 2026.
Intercept Pharmaceuticals- Parties Agreed to Exchange $44.5 Million 2026 Notes for $22.7 Million in Cash and 1.7 Million Shares of Newly Issued Common Stock.