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Published on 7/31/2009 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

AVI BioPharma files $125 million shelf for debt, preferreds, stock

New York, July 31 - AVI BioPharma, Inc. registered to sell up to $125 million of common stock, preferred stock, debt securities and warrants using an S-3 shelf filing with the Securities and Exchange Commission.

Securities may be issued as convertibles.

Proceeds will be used for research and development and for general corporate purposes.

AVI BioPharma is a Corvallis, Ore., biopharmaceutical company specializing in the discovery and development of RNA-based drugs.


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