Biogen Announces the Pricing Terms of Its Private Exchange Offer
CAMBRIDGE, Mass., Feb. 10, 2021 (GLOBE NEWSWIRE) Biogen Inc. (“Biogen”) (Nasdaq: BIIB) today announced the pricing terms of its previously announced private offer to exchange (the “Exchange Offer”) any and all of its outstanding 5.200% Senior Notes due 2045 (the “Old Notes”), totaling $1.75 billion in aggregate principal amount, for a new series of 3.250% senior notes due 2051 to be issued by Biogen (the “New Notes”) and cash on the terms and subject to the conditions set forth in the Offering Memorandum dated February 4, 2021 (the “Offering Memorandum”) and the accompanying eligibility letter (the “Eligibility Letter”), Canadian beneficial holder form and notice of guaranteed delivery (collectively, the “Exchange Offer Documents”).
back itself that he is saying is unauthorized, but who is your distribuuto distributor. i think you need the right relationship with that distributor. i think what he is getting back is something broader than an unauthorized charge back. it looks like it is getting down to trust, right, steve? i agree, these people are your face to your clients. you need to understand why the clark backs are happening. maybe you have a quality issue or a different issue. i would say first of all, make sure you understand the pricing terms of your contract very well. i would talk to other people in the industry or potentially other clients of this distributor to see if they re having similar issues. and sit down at the table with
it s not just about, you know the chargeback itself when he says it s unauthorized but like who is your distributor? if you have the right relationship with the distributor there will be things along the way. you don t know when you re selling a product why that charge back is happening. is it a broken product, something that was defective? what he s getting there is broader than the unauthorized charge back. it looks like it s getting down to trust. right, steve? what do you think? well i agree, first of all. these people are often your face to your clients and you want to maintain a good relationship to them and you need to understand why the charge backs are happening. it may be something you can address because you do have a quality issue or a different issue. first of all make sure you understand the pricing terms in your contract very well. i would talk to other people in the industry or potentially other clients of this distributor to see if they re having similar issues a
april. we took a look at how much prices go up between march and july 4, for the summer driving season, and the answer is 33 cent as gallon so that means we could be at $4.07 by july 4th but with the present trends and if left is the same. shepard: oil prices are down and gas provisions are up. gerri: it is called gouging, right, economists call it in special pricing terms, they go up if a heart team and slow to come down. people out there hate to give up the extra pennys a gallon and there was an investigation of gouging and there was nothing there, but i me that people do not like seeing this. shepard: anyone does. gerri, thank you, part of the best team in business, the