BUZZ-Ionis Pharma up after unveiling $700 mln convertible bonds offering

Reuters
2025/11/12
BUZZ-Ionis Pharma up after unveiling $700 mln convertible bonds offering 

** Shares of Ionis Pharmaceuticals IONS.O up 1.5% at $73.50 as co seeks capital raise to refinance debt

** Carlsbad, California-based firm announces private offering of $700 mln convertible bonds (CBs) due 2030

** Co plans to use net offering proceeds to repurchase/repay its 2026 0% CBs, any remainder for general corp purposes

** Drug developer for neurological and cardiometabolic diseases has about 162 mln shares outstanding for roughly $11.7 bln market cap

** IONS ended up 4.2% at $72.45 on Tues, up 107% YTD

** Of 24 analysts covering IONS, recommendation breakdown is 18 "strong buy" or "buy", 6 "hold", per LSEG

** Median PT of $83 up from $78 a month ago and $62 on Aug 11

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10