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Contract Type
agreement
Ann ArborDescription
Esperion has announced the entry into privately negotiated exchange and subscription agreements with certain holders of its outstanding Convertible Senior Subordinated Notes. The Agreements involve the issuance of $100 million aggregate principal amount of 5.75% Convertible Senior Subordinated Notes due 2030, along with approximately $153.4 million in cash in exchange for approximately $210.1 million principal amount of the 2025 Notes.