ARTICLE | Financial News

MannKind proposes note deal

August 16, 2010 11:59 PM UTC

MannKind Corp. (NASDAQ:MNKD) proposed late Monday to raise $100 million in an offering of senior convertible notes due 2015 to institutional investors. On Wednesday, MannKind entered two deals to sell up to 36.4 million shares to two investors in order to raise money and reduce its debt. ...