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iandy

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iandy

Re: None

Monday, 11/21/2016 8:36:07 PM

Monday, November 21, 2016 8:36:07 PM

Post# of 4273
Seeking Alpha - Synergy Pharma makes sweet deal with debt holders
Nov. 21, 2016 8:20 PM• SA Editor Douglas W. House
Synergy Pharmaceuticals (NASDAQ:SGYP) inks exchange agreements with certain holders of its 7.5% Convertible Senior Notes due 2019 under which an aggregate principal amount of ~$20.7M of the Notes and accrued but unpaid interest was exchanged for 7,555,683 shares of common stock which equates $2.74 per common share.

Today's close was $5.56.

https://www.google.com/amp/seekingalpha.com/amp/news/3226247-synergy-pharma-makes-sweet-deal-debt-holders?client=safari
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