Want to join the conversation?
$INGR said it has priced $500MM of 3.2% senior notes due Oct. 1, 2026. The offering is expected to close on Sept. 22. Company expects net proceeds from the offering to be about $496.5MM, and plans to use about $350.3MM to repay debt under term loan, about $42MM to repay debt under revolving credit facility and the remaining for corporate purposes.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.