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Pharming Group N.V. announces a €100M convertible bond offering on April 25th to repurchase €125M 2025 bonds, improving financial position.
Pharming Group N.V. announces a €100M convertible bond offering on April 25th, with new bonds carrying a 4.50% coupon and maturity in 2029.
The company invites holders of €125M 3.00% 2025 bonds to sell for cash.
Net proceeds will be used to repurchase the 2025 bonds, improving financial position and future strategy execution.
The offering targets institutional investors in select jurisdictions.
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Pharming Group N.V. anuncia una oferta de bonos convertibles de 100 millones de euros el 25 de abril para recomprar bonos de 125 millones de euros a 2025, mejorando su posición financiera.