Elan announces completion of $1.15bn offering

Elan has announced that its wholly-owned subsidiaries, Elan Finance public limited company and Elan Finance Corporation, have completed the previously announced offering of $1.15bn (€880m) aggregate principal amount of senior notes.

Commenting on the completion of the offering, Shane Cooke, executive vice president and chief financial officer of Elan said: "We are delighted with the overwhelming interest we have seen in this offering and have taken the opportunity to increase the size of the deal and broaden our investor base.