Amarin prices $150M note deal

Amarin Corp. plc (NASDAQ:AMRN) raised $150 million through the sale of 3.5% senior convertible notes due Jan. 15, 2032. The notes initially convert at $8.81 per ADS, which is a 25% premium to Amarin's close of $7.05 on Tuesday, before the offering was announced. Each ADS represents one share of common stock. On Wednesday, Amarin was off $0.70 (10%) to $6.35. ...