Market Pulse: Elan units begin offer to exchange up to $1.15B of notes
28th Sep 2005, 12:05 GMT
Elan said after the closing bell that its subsidiaries, Elan Finance and Elan Finance have begun an offer to exchange up to $850 mln worth of their 7.75% senior fixed notes due 2011 and up to $300 mln worth of their senior floating rates notes due 2011.
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