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Orexigen Therapeutics, Inc. Proposed Offering of $100 Million of Convertible Senior Notes (Orexigen Therapeutics Inc)

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(Source: Orexigen Therapeutics Inc) SAN DIEGO, Dec. 2, 2013/PRNewswire/ -- Orexigen® Therapeutics, Inc. (Nasdaq: OREX) (the "Company"), a biopharmaceutical company focused on the treatment of obesity, today announced that it intends to offer, subject to market conditions and other factors, $100 million aggregate principal amount of convertible senior notes due 2020 (the "Notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In connection with the offering of the Notes, the Company expects to grant the initial purchasers a 13-day option to purchase up to an...

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