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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item
Published on 2/3/2009 in the Prospect News Convertibles Daily.

PharmaNet to retire $144 million convertibles with equity commitment

By Susanna Moon

Chicago, Feb. 3 - PharmaNet Development Group, Inc. said it will retire $144 million principal amount of its outstanding convertible notes.

The deal will be financed by a $250 million equity commitment.

PharmaNet is a drug development services company based in Princeton, N.J.


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