Elan to offer $850m in notes

Pharmaceutical group Elan is to sell $850m (€665.7m) in senior fixed rates notes, due in 2011, and senior floating rate notes, also due in 2011.

Elan to offer $850m in notes

Pharmaceutical group Elan is to sell $850m (€665.7m) in senior fixed rates notes, due in 2011, and senior floating rate notes, also due in 2011.

The company also announced today that it would buy back $351m (€275m) of guaranteed notes.

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