Bullish
$MNK interesting detail in the agreement with Deerfield. "In addition, under the Exchange Agreement, the Issuers have granted an option to the Exchanging Holders, exercisable up to five times for 60 days after the date the Exchange Offers are consummated, to exchange any Existing Notes they may acquire after the execution of the Exchange Agreement for up to $100 million aggregate principal amount of additional New Notes." Basically the company want Deerfield to buy additional discounted notes and swap these with 2025 notes because they dont want to use the cash on hand
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