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Intercell Issues Convertible Bond
The Austrian pharmaceutical company Intercell starts offering of € 30.8m senior convertible debt financing.
Intercell Issues Convertible Bond / Picture: © Intercell
Intercell AG today announced the offering of € 30.8m of Senior Unsecured Convertible Notes. The Notes will be placed in a non-public offering to institutional investors through an accelerated overnight book-building process which starts today after market close and is expected to be completed on Wednesday, February 23, 2011.
The expected terms include a coupon of up to 6% per…
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