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Post# of 425796
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rwh88

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rwh88

Re: None

Wednesday, 01/04/2012 2:13:33 PM

Wednesday, January 04, 2012 2:13:33 PM

Post# of 425796
Amarin Corporation plc (Nasdaq:AMRN - News) announced today that its wholly owned subsidiary, Corsicanto Limited, a private limited company incorporated under the laws of Ireland (the "Issuer"), priced its previously announced offering of $150 million in aggregate principal amount of exchangeable senior notes due 2032 (the "notes") to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended.

Could someone please explain to me what this means and why it would cause such a huge drop?
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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