MannKind (MNKD) Renegotiates Debt With Dilution—What Does This Mean To Investors?  
4/20/2017 5:47:01 AM

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For quite some time I have been saying that MannKind's (NASDAQ:MNKD) cash situation has it losing leverage on a daily basis. With an SEC filing today, and the subsequent market reaction, that fact should now be abundantly clear.

MannKind announced that the company renegotiated some of its debt with Deerfield.