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PerkinElmer Sells $150M in Senior Notes in Private Placement

NEW YORK (GenomeWeb News) – PerkinElmer disclosed in a filing with the US Securities and Exchange Commission yesterday that it has privately placed $150 million of 6 percent Series 2008-A Senior Notes due May 30, 2015, with a number of investors.
 
Under the terms of the agreement, PerkinElmer said that it may its own discretion issue additional senior notes in the amount of up to $400 million. The firm said that it may use the proceeds from the offering to finance mergers, acquisitions, capital expenditures, stock repurchases, dividends, debt refinancing, and for other general corporate purposes.
 
According to the filing, note holders include Northwestern Mutual Life Insurance Company, New York Life Insurance Company, Aviva Life and Annuity Company, Hartford Life and Accident Insurance Company, Allianz Life Insurance Company of North America, and several other investors.

The Scan

More Boosters for US

Following US Food and Drug Administration authorization, the Centers for Disease Control and Prevention has endorsed booster doses of the Moderna and Johnson & Johnson SARS-CoV-2 vaccines, the Washington Post writes.

From a Pig

A genetically modified pig kidney was transplanted into a human without triggering an immune response, Reuters reports.

For Privacy's Sake

Wired reports that more US states are passing genetic privacy laws.

Science Paper on How Poaching Drove Evolution in African Elephants

In Science this week: poaching has led to the rapid evolution of tuskless African elephants.