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Idorsia Placement of Shares and CHF 200 Million 0.75% Senior Convertible Bonds
Idorsia Ltd successfully placed 11,912,000 new shares by way of an accelerated bookbuilding in a private placement with institutional investors. The placed shares are sourced from the company’s existing authorized share capital and the pre-emptive rights of the existing shareholders have been excluded. The offer price was set at CHF 25.62 per share. Additionally, Idorsia…
Reference: CapLaw-2018-41