On Wednesday, Shares of Sarepta Therapeutics Inc (NASDAQ:SRPT), subtract -0.39% and closed at $53.61 in the last trading session. The last trading range of the stock ranges between $52.30 and $56.32. The company’s Market capitalization is $2.65 Billion with the total Outstanding Shares of 52.89 million. During the 52-week trading session the minimum price at which share price traded, registered at $8.00 and reached to max level of $63.73. CureDuchenne, a nonprofit dedicated to funding research and improving patient care for Duchenne muscular dystrophy, will host a webinar with Sarepta Therapeutics, Inc. (SRPT) on October 11 at 1 p.m. ET/10 a.m. PT to provide the Duchenne community an overview of Sarepta’s patient support program, SareptAssist.
The webinar will address patient referrals, consideration for starting therapy, case administration process and financial assistance programs. The webinar will be presented by Dan Madden, Director of Patient Services, Sarepta Therapeutics, and moderated by Dr. Mike Kelly, CureDuchenne’s Chief Scientific Officer.
Zoetis Inc (NYSE:ZTS), jumped 0.90% and closed at $51.42 in the last trading session. The last trading range of the stock ranges between $50.79 and $51.57. The company’s Market capitalization is $24.62 Billion with the total Outstanding Shares of 495.39 million. During the 52-week trading session the minimum price at which share price traded, registered at $38.26 and reached to max level of $53.14. The Board of Directors of Zoetis Inc. (ZTS) has declared a fourth quarter 2016 dividend payable to holders of the company’s common stock of $0.095 per share. The dividend is to be paid on Thursday, Dec. 1, 2016, to holders of record on Thursday, Nov. 3, 2016.
ON Semiconductor Corp (NASDAQ:ON), lost -1.19% and closed at $11.65 in the last trading session. The last trading range of the stock ranges between $11.54 and $11.79. During the 52-week trading session the minimum price at which share price traded, registered at $6.97 and reached to max level of $12.69. ON Semiconductor Corporation (Nasdaq: ON) (“ON Semiconductor”) declared recently that ON Semiconductor has successfully closed the refinancing of its secured debt facilities. The refinancing transaction amended ON Semiconductor’s secured debt facilities documentation in order to, among other things, (i) replace and refinance in full its senior secured term loans with a new tranche of refinancing term loans with a 1.25% reduction in the applicable margin, (ii) increase the size of its senior secured term loan facility by $200 million to a total aggregate amount of $2.4 billion, (iii) reduce the applicable margin with respect to the revolving credit facility by 1.25% and (iv) amend certain provisions to permit the entry by ON Semiconductor’s auxiliaries into secured hedging arrangements with qualified institutions and to facilitate certain restructuring transactions and intercompany intellectual property transfers intended to achieve the efficient integration of ON Semiconductor, its auxiliaries and its attained entities (collectively, the “Transactions”).
“This refinancing further facilitates us to generate higher shareholder value from our recently closed acquisition of Fairchild Semiconductor,” said Bernard Gutmann, Executive Vice President and Chief Financial Officer of ON Semiconductor. “A lower cost of debt not only accelerates our progress towards our financial targets for the acquisition of Fairchild Semiconductor, but also facilitates faster deleveraging of our balance sheet.”
Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, HSBC Securities (USA) Inc. and BMO Capital Markets Corp. acted as Joint Lead Arrangers and Joint Bookrunners, and BBVA Compass acted as co-manager for the Transactions. This declarement is for informational purposes only.