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Moderna Capitalizes on Stock Jump With $2 Billion Note Offering

Key Points

Moderna Inc. plans to raise $2 billion from selling notes that can be exchanged for shares, which it will use to invest in its cancer vaccine business and to repay debt.

Moderna Inc. plans to raise $2 billion from selling notes that can be exchanged for shares, which it will use to invest in its cancer vaccine business and to repay debt.
Moderna Capitalizes (ORG) Moderna Inc. (ORG)
Originally published by Bloomberg Markets Read original →