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ARTICLE | Financial News

Intercell seeking EUR 30.8 million in note deal

February 23, 2011 1:49 AM UTC

Intercell AG (VSE:ICLL; OTCQX:INRLY) proposed to sell EUR 30.8 million ($42.2 million) in convertible senior notes due 2014 in an offering to institutional investors. Erste Bank is managing the bookbuilding process. Intercell, which made the announcement after market close, gained EUR 0.04 to EUR 9.65 on Tuesday. ...