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6:45 PM
Oct 19, 2007
 |  BC Extra  |  Top Story

Pharming raises EUR 70M, ends royalty deal

Pharming (Euronext:PHARM) raised EUR 70 million ($99.2 million) through the sale of senior unsecured convertible bonds due 2012. The bonds bear 6.9% interest and convert at EUR 4.40, a 23% premium to PHARM's close of EUR 3.59 on Thursday, before the deal was announced. UBS...

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