RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Oct. 16, 2009--
Talecris Biotherapeutics Holdings Corp. (Nasdaq: TLCR) (“Talecris”)
today announced the pricing through a private placement of $600 million
aggregate principal amount of 7.75% senior notes due 2016 (the “Notes”).
The Notes were issued at price of 99.321% of par. Talecris intends to
use the net proceeds from the offering to repay its First and Second
Lien Term Loans, repay a portion of borrowings under its Revolving
Credit Facility, extinguish certain interest rate swaps, and pay related
fees and expenses. The offering is expected to close on or about October
21, 2009, subject to customary closing conditions.
The Notes are being offered only to qualified institutional buyers in
reliance on Rule 144A under the Securities Act of 1933, as amended (the
“Securities Act”), and outside the United States, only to non-U.S.
investors pursuant to Regulation S. The Notes have not been registered
under the Securities Act or the securities laws of any other
jurisdiction and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities. Any offers of the securities
will be made only by means of a private offering memorandum.
Cautionary statement regarding forward-looking statements
This press release contains forward-looking statements within the
meaning of the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These statements include, but are not
limited to, statements regarding strategic and operation plans,
including use of proceeds. Forward-looking statements are based on
current beliefs and expectations and are subject to inherent risks and
uncertainties. You are cautioned not to place undue reliance on
forward-looking statements. Although Talecris believes that the
forward-looking statements contained in this press release are
reasonable, there is no assurance that expectations will be fulfilled.
The following factors, among others, could cause actual results to
differ materially from those expressed or implied in forward-looking
statements: possible U.S. legislation or regulatory action affecting,
among other things, the U.S. healthcare system, pharmaceutical pricing
and reimbursement, including Medicaid and Medicare; our ability to
procure adequate quantities of plasma and other materials which are
acceptable for use in our manufacturing processes from our own plasma
collection centers or from third-party vendors; our ability to maintain
compliance with government regulations and licenses, including those
related to plasma collection, production and marketing; our ability to
identify growth opportunities for existing products and our ability to
identify and develop new product candidates through our research and
development activities; and the timing of, and our ability to, obtain
and/or maintain regulatory approvals for new product candidates, the
rate and degree of market acceptance, and the clinical utility of our
products. Talecris undertakes no duty to update any forward-looking
statement.
About Talecris Biotherapeutics: Inspiration. Dedication.
Innovation.
Talecris Biotherapeutics is a global biotherapeutic and biotechnology
company that discovers, develops and produces critical care treatments
for people with life-threatening disorders in a variety of therapeutic
areas including immunology, pulmonology, neurology and hemostasis.
Source: Talecris Biotherapeutics Holdings Corp.
Brunswick Group
Susan Stillings / Greg Faje
212-333-3810
or
Talecris
Corporate Communications
Becky Levine
919-316-6590
becky.levine@talecris.com