In section Market Quotes

Repligen Shares Drop 20% After $1 Billion Note Sale

Repligen shares fell 20% to $138.99 in after-hours trading Friday after the company issued $1 billion in convertible senior notes. The stock had closed up 3% at $173.49 and had gained 5.9% for the year through that close.

By Money Talk·November 7, 2026·2 min read·1,567 reads

Repligen Shares Drop 20% After $1 Billion Note Sale

The notes carry a 0.25% interest rate and mature on Nov. 1, 2031, according to a filing Friday with the Securities and Exchange Commission.

About $541.4 million of the new notes were issued in exchange for approximately $456.8 million of Repligen’s existing 1% notes due in 2028. The remaining notes were issued for about $458.6 million in cash.

Repligen said it has about $143.2 million of the 2028 notes outstanding after the transaction.

Repligen Shares Drop 20% After $1 Billion Note Sale

Comments (0)