Edition:
India

Horizon Pharma announces proposed private offering of senior notes


Thursday, 13 Oct 2016 

Horizon Pharma Plc : Horizon Pharma Plc announces proposed private offering of senior notes and intention to borrow incremental term loans under its existing senior secured credit facility . Horizon Pharma subsidiaries to offer $300 million aggregate principal amount of senior notes due 2024 . Horizon Pharma units to borrow $375 million aggregate principal amount of incremental term loans under Horizon's existing senior secured credit facility .Horizon Pharma expects to use net proceeds from offering and incremental term loans to fund a portion of Horizon's planned acquisition of Raptor Pharma.