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Biotech / Medical : Biotechnology Value Fund, L.P. -- Ignore unavailable to you. Want to Upgrade?


To: coachbobknight who wrote (1506)3/6/2000 9:47:00 AM
From: nigel batesRead Replies (1) | Respond to of 4974
 
HGSI gives the market what it wants -

Human Genome Sciences, Inc. (Nasdaq: HGSI - news) announced today that it proposes to make a private offering of $300 million principal amount of Convertible Subordinated Notes Due 2007. The Notes will be convertible into Common Stock, at the option of the holder, at a price to be determined. HGS has granted the initial purchaser of the Notes a 30-day right to purchase an additional $50 million principal of Notes on the same terms and conditions. The Company expects to complete this offering by March 10, 2000

nig