Idorsia launches repurchase offer for convertible bonds maturing in 2025 and 2028

From GlobeNewswire: 2025-06-25 01:20:00

Idorsia Ltd announced the launch of a repurchase offer for its outstanding CHF 200 million convertible bonds maturing in 2025 and CHF 600 million convertible bonds maturing in 2028. Bondholders can participate in the offer starting July 10, 2025, with the main period ending on August 7, 2025. To support the restructuring, bondholders holding 87.5% of the CB 2025 and 90.1% of the CB 2028 have entered a lockup agreement. The offer is subject to certain conditions and can be accessed through specified links. Idorsia aims to challenge medical paradigms and develop transformative medicines, with a strong scientific core.



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