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EX-99.1 - EXHIBIT 99.1 - PDL BIOPHARMA, INC.ex99_1.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20549
 

FORM 8-K
 

CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of Earliest Event Reported):  November 15, 2011

PDL BioPharma, Inc.
 
(Exact name of Company as specified in its charter)
 
 
000-19756
(Commission File Number)
 
 
Delaware
 
94-3023969
(State or Other Jurisdiction of Incorporation)
 
(I.R.S. Employer Identification No.)
 
932 Southwood Boulevard
Incline Village, Nevada 89451
(Address of principal executive offices, with zip code)
 
(775) 832-8500
(Company’s telephone number, including area code)
 
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 
 
Item 8.01
Other Events.
 
On November 15, 2011, PDL BioPharma, Inc. (the Company) issued a press release announcing the commencement of an offer to exchange any and all of the Company’s outstanding 2.875% Convertible Senior Notes due February 15, 2015, for the Company’s 2.875% Series 2011 Convertible Senior Notes due February 15, 2015, and a cash payment.  The press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
 
Item 9.01
Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit No.
 
Description
99.1
 
Press Release
 
 
 

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
  PDL BIOPHARMA, INC.  
  (Company)  
     
 
By:
/s/ Christine R. Larson  
    Christine R. Larson  
    Vice President and Chief Financial Officer  
Dated:  November 15, 2011      
 
 
 

 
 
EXHIBIT INDEX
 
Exhibit No.
 
Description
 
Press Release