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AccessMyLibrary    Browse    A    AsiaPulse News    APR-03    MILLENNIUM ANNOUNCES COMPLETION OF CASH OFFERS FOR NOTES.

MILLENNIUM ANNOUNCES COMPLETION OF CASH OFFERS FOR NOTES.

Publication: AsiaPulse News

Publication Date: 30-APR-03
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COPYRIGHT 2003 Asia Pulse Pty Ltd

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(Full text of statement. Contact details below.)

CAMBRIDGE, Mass., April 29 PRNewswire-FirstCall-AsiaNet - Millennium Pharmaceuticals, Inc. (Nasdaq: MLNM) today announced that it has completed the cash offers to the holders of its outstanding 4.50% Convertible Senior Notes due June 15, 2006 and 5.00% Convertible Subordinated Notes due March 1, 2007.

( Photo: http://www.newscom.com/cgi-bin/prnh/19991220/MLNMLOGO )

As of the expiration of the cash offers, today at 9:00 a.m., $294,100,000 in principal amount of the 4.50% notes and $283,724,000 in principal amount of the 5.00% notes were tendered. Millennium has accepted for payment all of those notes, resulting in total payments in the amount of approximately...

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