Watson files automatic shelf for debt securities, preferreds and stock

By Devika Patel

Knoxville, Tenn., Aug. 17 - Watson Pharmaceuticals, Inc. filed an automatic shelf registration in an S-3ASR with the Securities and Exchange Commission.

The registration covers debt securities, common stock and preferred stock.

The securities may be structured as convertibles.

The company will describe in a supplement for each issuance made under the shelf how it intends to use the proceeds.

Corona, Calif.-based Watson is a developer and distributor of pharmaceuticals with a portfolio that includes generic products and branded pharmaceuticals.

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