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0 0.0238095238095238 0.00793650793650794 0.00793650793650794 0.0714285714285715 0.0317460317460318 0.0476190476190477 0.0714285714285715
Stock impact report

Assertio Therapeutics Announces Repurchase of Approximately $188.0 Million of its Outstanding Convertible Debt

Assertio Holdings, Inc. (ASRT) 
Last assertio holdings, inc. earnings: 3/9 04:02 pm Check Earnings Report
Company Research Source: GlobeNewswire
LAKE FOREST, Ill., Feb. 19, 2020 (GLOBE NEWSWIRE) -- Assertio Therapeutics, Inc. (“Assertio” or “The Company”) (NASDAQ: ASRT), today announced it has entered into separate, privately negotiated agreements (the “Purchase Agreements”) with a limited number of holders of Assertio’s currently outstanding 2.50% Convertible Notes due 2021 and 5.00% Convertible Senior Notes due 2024 (the “Purchased Notes”).  Pursuant to the Purchase Agreements, Assertio will repurchase approximately $188.0 million aggregate principal amount of Purchased Notes for a cash payment plus accrued but unpaid interest on the Purchased Notes. SunTrust Robinson Humphrey, Inc. acted as Sole Exchange Agent and Financial Advisor to Assertio in connection with the transactions and Gibson, Dunn & Crutcher LLP acted as legal counsel to Assertio. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or juri Show less Read more
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