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Published on 4/4/2012 in the Prospect News Convertibles Daily, Prospect News High Yield Daily and Prospect News Preferred Stock Daily.

Savient files $100 million shelf covering stock, debt and preferreds

By Devika Patel

Knoxville, Tenn., April 4 - Savient Pharmaceuticals, Inc. filed a $100 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities and warrants. Notes may be convertible.

Proceeds will be used for general corporate purposes.

Savient is a pharmaceutical company located in East Brunswick, N.J.


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