Alignment Healthcare (ALHC) announced that it has entered into privately negotiated subscription agreements with certain investors, pursuant to which it will issue $330M principal amount of 4.25% Convertible Senior Notes due 2029. The issuance of the Notes is expected to close on November 22, subject to customary closing conditions.
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Read More on ALHC:
- Alignment Healthcare price target raised to $13 from $10 at TD Cowen
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