Navigation Links
Depomed Announces Offering of $230 Million Convertible Senior Notes Due 2021
Date:9/2/2014

NEWARK, Calif., Sept. 2, 2014 /PRNewswire/ -- Depomed, Inc. (Nasdaq: DEPO) today announced that it intends to offer, subject to market and other conditions, $230 million aggregate principal amount of Convertible Senior Notes due 2021 (the "Notes"). Depomed, Inc. ("Depomed") expects to grant the underwriters in the offering a 30-day option to purchase up to an additional $34.5 million aggregate principal amount of the Notes. Morgan Stanley & Co. LLC and RBC Capital Markets, LLC will act as joint book-running managers for the offering. Depomed intends to use the net proceeds of the offering for working capital and other general corporate purposes and potential acquisitions and strategic transactions.  There are currently no agreements or understandings with respect to any such acquisition or strategic transaction.

The Notes are expected to pay interest semi-annually and will be convertible into cash, shares of Depomed's common stock or a combination of cash and shares of Depomed's common stock, at Depomed's election.  The Notes will mature on September 1, 2021, unless earlier converted, redeemed or repurchased in accordance with their terms prior to such date.  Depomed may redeem some or all of the notes for cash under certain circumstances on or after September 5, 2019.  Prior to March 1, 2021, the Notes will be convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the second scheduled trading day immediately preceding the maturity date.  The interest rate, initial conversion rate and certain other pricing terms of the Notes will be determined at the time the offering is priced by Depomed and the underwriters.

The Notes are being offered pursuant to an effective shelf registration statement (including a base prospectus) that has been filed with the Secur
'/>"/>

SOURCE Depomed, Inc.
Copyright©2014 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Depomed To Present At Morgan Stanley 2014 Global Healthcare Conference
2. Depomed Reports Second Quarter 2014 Financial Results
3. Depomed Announces Appointment of R. Scott Shively as Chief Commercial Officer
4. Depomed To Report Second Quarter Fiscal Year 2014 Financial Results On Wednesday, August 6, 2014
5. Depomed Announces District Court Order in ANDA Litigation
6. Depomed Announces Appointment of Srinivas G. Rao, MD, PhD, as Chief Medical Officer
7. Depomed To Present At Piper Jaffray 2013 Healthcare Conference
8. Depomed Reports Third Quarter 2013 Financial Results
9. Depomed To Report Third Quarter Fiscal Year 2013 Financial Results On Tuesday, November 5, 2013
10. Depomed Sells Type 2 Diabetes Royalties And Milestones To PDL BioPharma For $240.5 Million
11. PDL BioPharma Acquires Portfolio of Diabetes Royalty Rights and Milestones from Depomed
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/24/2014)... HILL, N.C. , Dec. 23, 2014  Medical ... success. As the key link between the medical device ... grow even more in the coming years as the ... According to research by benchmarking firm, ... MSLs can gain an important edge is by harnessing ...
(Date:12/22/2014)... NxStage Medical, Inc. (NASDAQ: NXTM ... announced today that the U.S. Food and Drug ... perform hemodialysis overnight while the patient is at ... System One is the first and only hemodialysis ... Home nocturnal hemodialysis is an ...
(Date:12/22/2014)... --Research and Markets ( http://www.researchandmarkets.com/research/h3xm6q/us ) has ... Glucose Market" report to their offering. ... insight focuses on the developments in the self-monitoring blood ... . Reimbursement analysis and the effects of competitive bidding ... 73 SMBG meters have been performed, based on the ...
Breaking Medicine Technology:Role of Medical Science Liaisons Evolving in Medical Device Sector 2NxStage Receives FDA Clearance for Home Nocturnal Hemodialysis 2NxStage Receives FDA Clearance for Home Nocturnal Hemodialysis 3US Self-monitoring Blood Glucose Market 2
... innovative medical device and health services company, announced today ... Health Care Congress on April 4-6, 2011 at the ... (Logo:   https://photos.prnewswire.com/prnh/20110301/CG56836LOGO ) QuickCheck ... reform, health care costs continue to increase making firms ...
... WASHINGTON, LONDON and HONG KONG, March 17, 2011 ... company for human and non-human health applications, announced ... Shenzhen Kang Sheng Bao Bio-Technology Co., Ltd. ("KSB"), ... and distribution of in-vitro diagnostic kits and research ...
Cached Medicine Technology:QuickCheck Health Inc. CEO to Present at World Health Care Congress Conference April 4-6 in Washington D.C. 2SuperNova Diagnostics® Announces Agreement with KSB Diagnostics of China 2
(Date:12/25/2014)... The report “TS-1 (Colorectal Cancer) – Forecast and ... landscape, unmet needs, current pipeline and commercial opportunities in ... which is typically used for treating colorectal cancer. It ... gastric cancer and pancreatic cancer. TS-1 is composed of ... approved in 1999 in Japan for the treatment of ...
(Date:12/25/2014)... Recently, iFitDress.com, the popular online supplier of wedding ... new selection of black one-shoulder cocktail dresses . In ... are available at discounted prices, up to 70% off. ... for three weeks only. You know, we have thousands of ... in our new items can visit our website for more ...
(Date:12/25/2014)... (PRWEB) December 25, 2014 Recently, ... discounts on all its wedding dresses. BellasDress has chosen ... more for gift choices for the holiday season. ... can pick suitable wedding gowns here at discount prices. ... shopping experience at its website. , “All ...
(Date:12/25/2014)... Miami, FL (PRWEB) December 25, 2014 When ... often find themselves in a frenzy to get rid of ... classroom. But families in Coral Gables now have the solution ... its second salon clinic location, Lice Troopers provides full spectrum ... in the Coral Gable area, including Sunset, Key Biscayne, Brickell, ...
(Date:12/25/2014)... The risk of burns from fires and cooking accidents ... extra cautious, an expert says. "Between Thanksgiving and ... patients coming in with burns," said Dr. Steven Sandoval, ... Center of Stony Brook University Hospital in New York. ... if not careful, could quickly turn tragic," Sandoval said ...
Breaking Medicine News(10 mins):Health News:TS-1 Colorectal Cancer Market Analysis and Forecast to 2023 Report at RnRMarketReserach.com 2Health News:TS-1 Colorectal Cancer Market Analysis and Forecast to 2023 Report at RnRMarketReserach.com 3Health News:iFitDress.com: Black One-Shoulder Cocktail Dresses for 2015 2Health News:BellasDress.com’s Christmas Sale: Trendy Wedding Dresses With Big Discounts 2Health News:Coral Gables Florida Gets Ready to Be Lice-Free with Lice Troopers 2Health News:Don't Let Burns Mar Your Holidays 2
... , , , ... levels of outdoor ground-level ozone, microscopic particle pollution like smoke ... anyone who is sensitive to these airborne contaminants to experience ... asthma attacks and cause lung irritation(1). According to AIRNow.gov(2), a ...
... from Columbia University Medical Center,s Herbert Irving Comprehensive Cancer Center ... make new neurons but that may be hijacked later ... called Huwe1 normally functions to eliminate other unnecessary proteins and ... cancer. These findings, published in the August 18 ...
... walk into a ..." sounds like the start of a ... has helped to decipher a critical, but so far largely ... can cause mutations that lead to cancer, and this study ... uncontrolled cell replication. The biologist in question is University ...
... Ill. --- Anyone with an MP3 device -- just about every man, ... notion of the majesty of music, of the primal place it holds ... seen simply as stuff of the soul -- a frill that has ... University study. The study shows that musicians -- trained to ...
... for your health, extreme exercise may be physically addicting. ... addicts went into withdrawal after running excessively in exercise ... hardest had the most severe withdrawal symptoms. ... excessive exercise is addicting, then maybe, to feel good, ...
... , EDINA, Minn., Aug. 17 Backpacks can ... children and adolescents. As students prepare for school, the Minnesota Chiropractic Association ... backpack safety. , , The MCA and ... , , Does the backpack have two wide, ...
Cached Medicine News:Health News:Bad Air Day Alert: Outdoor Air Pollutants at High Level 2Health News:Bad Air Day Alert: Outdoor Air Pollutants at High Level 3Health News:Gene vital to brain's stem cells implicated in deadly brain cancer 2Health News:Gene vital to brain's stem cells implicated in deadly brain cancer 3Health News:Newly discovered mechanism in cell division has implications for chromosome's role in cancer 2Health News:Newly discovered mechanism in cell division has implications for chromosome's role in cancer 3Health News:Taking up music so you can hear 2Health News:Taking up music so you can hear 3Health News:Excessive exercise can be addicting, new study says 2Health News:It's Backpack Safety Time 2
Detection of Lupus Anticoagulants. Freeze-dried hexagonal phase phos-phatidylethanolamine; normal plasma with heparin inhibitor; PTT-LS reagent of cephalin and particulate siliceous activator;all fre...
... Assay for the Quantitative ... Protein S level based ... Va Inhibition by STA© ... free of Protein S; ...
Immuno-turbidimetric Assay for Antithrombin III Antigen. Suspension of microlatex particles coated with specific antibodies....
Enzyme Immunoassay of Protein C Antigenby ELISA Method, 96 tests...
Medicine Products: