Prospect News: News for deCODE Genetics, Inc.

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Prospect News home > Main news index > All issuers starting with D > Issuers starting with D, DD only > All stories on deCODE Genetics, Inc. > Stories on deCODE Genetics, Inc., DD only

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Market: BK = Bank loans, CV = Convertibles, DD = Distressed Debt, EM = Emerging Markets, HY = High Yield, IG = Investment Grade, LM = Liability Management, MU = Municipals, PP = PIPEs, PF = Preferreds, PV = Private Placements, SP = Structured Products
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deCODE Genetics, Inc.

1/21/2010	DD	deCODE genetics completes sale, changes name to DGI Resolution
1/14/2010	DD	deCODE genetics gets court OK to sell assets to Saga Investments
1/12/2010	DD	deCODE genetics cancels auction, receives no qualified competing bids
12/9/2009	DD	deCODE's bid procedures for sale of its subsidiary approved by court
12/8/2009	DD	deCODE creditors object to DIP loan linked to speedy sale process
12/1/2009	DD	deCODE unsecured creditors committee appointed by U.S. Trustee
11/19/2009	DD	deCODE genetics requests court approval of asset sale procedures
11/18/2009	DD	deCODE interim DIP financing OK'd, bid procedures motion withdrawn
11/17/2009	CVDDSS	deCODE genetics files bankruptcy, inks agreement to sell assets
10/14/2009	CVDD	deCODE to skip Oct. 15 interest payment on 3.5% convertible notes
5/19/2009	CVDD	deCODE pays interest on 3.5% senior convertibles within grace period
5/12/2009	CVDDSS	deCODE still working to address need for liquidity beyond second quarter
4/15/2009	CVDD	deCODE Genetics delays convertibles payment, to consider alternatives
3/31/2009	CVDDSS	deCODE needs cash to continue beyond second quarter
11/6/2008	CVDD	deCODE reviewing ways to make interest payment, needs more funding to continue operations past 2008
10/15/2008	CVDD	deCODE genetics to use grace period on convertible interest payment to review alternatives

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