Celcuity Inc. Announces Public Offering of Convertible Senior Notes Due 2032
Celcuity announced a proposed underwritten public offering of $400 million in convertible senior notes due 2032. The company intends to use the net proceeds to repay all outstanding obligations under its loan agreement with Oxford Finance, LLC, with the remainder for working capital and general corporate purposes. Jefferies, J.P.
Key figures
- Deal Value Usd
- 400000000
- Maturity date
- August 1, 2032
- Over allotment option
- 60000000
AI analysis
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