Elan bond buyback worth $800m

Pharmaceutical firm Elan has bought back bonds worth almost $800m (€649.51m) from money raised in a recent share and bond offering.

Elan bond buyback worth $800m

Pharmaceutical firm Elan has bought back bonds worth almost $800m (€649.51m) from money raised in a recent share and bond offering.

It said it bought a total of $493m (€400m) for the Liquid Yield Option Notes (LYONs).

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