Medicis gets puts for $5,000 of 2.5% convertibles

By Susanna Moon

Chicago, July 12 - Medicis Pharmaceutical Corp. said holders of $5,000 of its 2.5% contingent convertible senior notes due 2032 exercised the put option.

The put expired at 5 p.m. ET on July 11.

About $169.2 million principal amount of the notes remain outstanding.

Medicis is a pharmaceutical company based in Scottsdale, Ariz.

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