New York, NY -- (ReleaseWire) -- 03/15/2013 --Cerus Corporation (NASDAQ: CERS) announced the pricing of an underwritten public offering of 8,333,333 shares of its common stock, offered at a price to the public of $4.20 per share. The gross proceeds to Cerus from this offering are expected to be approximately $35.0 million, before deducting the underwriting discount and other estimated offering expenses payable by Cerus.
The offering is expected to close on or about March 19, 2013, subject to customary closing conditions. In addition, Cerus has granted the underwriters a 30-day option to purchase at the public offering price up to an aggregate of 1,250,000 additional shares of its common stock to cover overallotments, if any.
Cerus Corporation is a biomedical products company focused on enhancing blood safety.
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Chesapeake Energy Corporation (NYSE: CHK) announced that it is seeking a declaratory judgment in the United States District Court for the Southern District of New York with respect to redeeming the Company’s 6.775% Senior Notes due 2019 at par.
Specifically, the Company is requesting the Court to confirm that a notice to redeem issued on or before March 15, 2013, as specified in the governing indenture, will be timely and effective to redeem the Notes at par, with payment to be made 60 days after such notice, pursuant to the Special Early Redemption provision of the Notes. Chesapeake desires to redeem the Notes as part of a broader refinancing of its outstanding debt obligations.
Chesapeake Energy Corporation (CHK) is the second-largest producer of natural gas.
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