Intercept reduces debt with repurchases of $327.9M convertible notes

Aug. 19, 2022 7:51 AM ETIntercept Pharmaceuticals, Inc. (ICPT)By: Preeti Singh, SA News Editor
  • Intercept Pharmaceuticals (NASDAQ:ICPT) has entered into privately negotiated agreements to repurchase $327.9M of its secured convertible debt using a combination of cash and equity, the biopharmaceutical company announced on Friday.
  • The repurchase is among a series of strategic financial moves

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