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Prospect News home > News index > List of issuers T > Headlines for Teligent Inc. > News item
Published on 11/13/2018 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Teligent to redeem convertible bonds due 2019 with term loan proceeds

By Sarah Lizee

Olympia, Wash., Nov. 13 – Teligent, Inc. plans to redeem its convertible bonds due December 2019, according to a press release.

The convertibles will be redeemed using $80 million of proceeds from a new term loan facility to be provided by funds managed by Ares Management, LP, the company said.

Teligent is a specialty generic pharmaceutical company based in Buena, N.J.


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