August 28, 2014 7:20 PM ET

Biotechnology

Company Overview of Elan Finance Public Ltd. Co.

Company Overview

Elan Finance Public Ltd. Co. offers financial services. The company was incorporated in 2004 and is based in Ireland.

Treasury Building

Lower Grand Canal Street

Dublin,  2

Ireland

Founded in 2004

Phone:

353 1 709 4000

Fax:

353 1 709 4700

Key Executives for Elan Finance Public Ltd. Co.

Secretary and Director
Age: 62
Compensation as of Fiscal Year 2014.

Elan Finance Public Ltd. Co. Key Developments

Elan Finance Public Ltd. Co. and Elan Finance Corp. Price $850 Million Private Placement of 6.25% Senior Notes Due 2021

Elan Finance public limited company and Elan Finance Corp. have priced their private placement of $850 million aggregate principal amount of 6.25% senior notes due 2021. The notes will be issued at par. The offering is expected to close on May 31, 2013. The notes will be issued at par. The offering is expected to close on May 31, 2013.

Elan Finance Public Ltd. Co. and Elan Finance Corporation Limited Intend to Offer $800.0 Million Senior Notes Due 2021

Elan Finance Public Ltd. Co. and Elan Finance Corporation Limited intend to offer, subject to market conditions, $800.0 million in aggregate principal amount of Senior Notes due 2021. The Notes will be fully and unconditionally guaranteed by Elan and substantially all of its subsidiaries. The net proceeds of the Notes offering (plus an amount that would accrue on the Notes through a specified date) will be deposited into escrow pending the closing of Elan's pending royalty participation transaction with Theravance Inc. Upon release of the net proceeds from escrow, Elan intends to use those net proceeds for general corporate purposes, including working capital requirements, capital expenditures, acquisitions and share repurchases. If the closing of the Theravance Transaction does not occur on or prior to the escrow end date, the escrow proceeds will be used to redeem the Notes in full at a redemption price equal to 100% of the issue price of the Notes, plus accrued and unpaid interest from the issue date of the Notes to, but excluding, the redemption date.

Elan Finance Public Ltd. Co. and Elan Finance Corporation Limited Announce Redemption of Senior Notes Due 2019

Elan Corporation, plc announced that it has issued an irrevocable notice of redemption to redeem all of the $600 million in aggregate principal amount of outstanding 6.25% senior notes due 2019 of its wholly owned subsidiaries, Elan Finance Public Ltd. Co. and Elan Finance Corporation Limited. The redemption is expected to occur on May 2, 2013. The notice of redemption specifies that the redemption price will be equal to $1,180.84 per $1,000 principal amount of the notes, which represents 100% of the principal amount of the notes, plus the applicable premium, plus accrued and unpaid interest of $2.95 per $1,000 principal amount of the notes, which represents accrued but unpaid interest on the notes from April 15, 2013, the most recent interest payment date of the notes prior to the redemption date, to May 2, 2013.

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