Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,506.48
(
-1.51%
)
US TECH 100
23,314.00
(
-1.71%
)
Dow Jones
45,577.47
(
-0.96%
)
Brent Oil
108.33
(
3.73%
)
Bitcoin
69,948.00
(
0.07%
)
News Focus
News Focus
Post# of 257264
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

mcbio

Send PM Follow Ignore
Followers 69
Posts 6152
Boards Moderated 0
Alias Born 11/26/2008

mcbio

Re: bladerunner1717 post# 90112

Wednesday, 02/03/2010 11:51:10 PM

Wednesday, February 03, 2010 11:51:10 PM

Post# of 257264
Re: ARRY debt

What is their debt situation?

Please see #msg-44743617 and #msg-40290243 . Essentially, the bulk of the debt (about $120M) is with Deerfield and isn't due until 2014. ARRY can pay this back with either cash or stock at any time. They have indicated on several occasions before, including the most recent call, that their hope is to repay the debt back in shares that are hopefully much higher in 2014 to lessen the impact of dilution.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Unleash the power of Level 2

Spot liquidity moves with access to US order books.

Sign Up