- Repligen (NASDAQ:RGEN) has priced its public offerings of 1,380,000 common shares of at $87.00 per share, for gross proceeds of ~$120M, and $250M 0.375% Convertible Senior Notes due 2024.
- Underwriters over-allotment is an additional 207,000 Shares and $37.5M Notes.
- The initial conversion rate for the Notes is 8.6749 common shares per $1,000 principal amount of Notes (~$115.28).
- Net proceeds from the sale of Shares and Notes are ~$113.6M and ~$242M, respectively.
- Closing date is July 19.
- Previously: Repligen launches $350M capital raise; shares down 3% after hours (July 15)