Allergan, Inc. Announces Offering of Zero Coupon Convertible Notes.Business Editors & Health/Medical Writers IRVINE, Calif.--(BW HealthWire)--Oct. 25, 2000 Allergan, Inc. (NYSE: AGN AGN - Accountants Global Network AGN - Active Galactic Nucleus AGN - Acute Glomerulonephritis AGN - Again (Amateur Radio) AGN - Air Gabon (ICAO code) AGN - Anwendungen der Informatik In Geistes- und Naturwissenschaften (Informatics, University Of Hamburg) AGN - Armageddon Games Network AGN - Armageddon Games Network (game developer) AGN - Assis Global Networks (Japanese anime studio) AGN - Australian Gaming Network AGN - Automatically Generated Number), a technology-driven, global health care company, today announced that it intends to raise approximately US$300 million through an offering of 20-year convertible zero coupon subordinated notes to qualified institutional buyers. The company stated that it intends to use the net proceeds of the offering for general corporate purposes, including but not limited to general working capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. and for retirement at maturity of all of its outstanding commercial paper. This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities. Any offers of the securities will be made only by means of a private offering memorandum Offering Memorandum A legal document stating the objectives, risks, and terms of investment involved with a private placement.Notes: The private placement of hedge funds necessitates the issue of memorandums. Conversely, the public issue of mutual funds are done through prospectuses. See also: Hedge Fund, Mutual Fund, Private Placement, Prospectus . The securities to be offered will not be registered under the Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold in the United States absent registration under the Securities Act and applicable state securities laws or available exemptions from such registration requirements.
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