PDL BioPharma Announces Conversion Rate Adjustments for Its Convertible Notes

September 07, 2011   |   September 2011 Bond Updates
INCLINE VILLAGE, Nev., Sept. 7, 2011 /PRNewswire/ -- PDL BioPharma, Inc. (PDL) (NASDAQ: PDLI) today announced adjustments to the conversion rates for: The 2.875% Convertible Senior Notes due February 15, 2015 (the February 2015 Notes), effective September 9, 2011; andThe 3.75% Convertible...

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