Allergan Inc
 

Filed Pursuant to Rule 424(b)(3)
Registration No. 333-102425

PROSPECTUS SUPPLEMENT NO. 2
(TO PROSPECTUS DATED JANUARY 21, 2003)

$641,510,000
ALLERGAN, INC.

ZERO COUPON CONVERTIBLE SENIOR NOTES DUE 2022
SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION OF THE NOTES

     This Prospectus Supplement No. 2 supplements and amends the Prospectus dated January 21, 2003, as amended (as amended, the “Prospectus”), relating to the resale from time to time by holders of our Zero Coupon Convertible Senior Notes Due 2022 and shares of our common stock issuable upon the conversion of the Notes. Such information has been obtained from the selling securityholders. This prospectus supplement should be read in conjunction with the Prospectus, which is to be delivered with this prospectus supplement.

     The information appearing in the table below, as of the date hereof, supplements and amends the information in the table appearing under the heading “Selling Securityholders” in the Prospectus, and, where the name of a Selling Securityholder identified in the table below also appears in the table in the Prospectus, the information set forth in the table below regarding that Selling Securityholder supercedes the information in the Prospectus:

                                 
    PRINCIPAL                        
    AMOUNT OF                        
    NOTES           COMMON   COMMON
    BENEFICIALLY   PERCENTAGE   STOCK OWNED   STOCK
    OWNED AND OFFERED   OF NOTES   PRIOR TO THE   OFFERED
NAME   HEREBY (1)   OUTSTANDING   OFFERING   HEREBY (1)

 
 
 
 
1976 Distribution Trust FBO A.R. Lauder/Zinterhofer
    12,000       *               136  
2000 Revocable Trust FBO A.R. Lauder/Zinterhofer
    12,000       *               136  
Advent Convertible Master Cayman L.P.
    9,261,000       1.44 %             105,668  
Allentown City Firefighters Pension Plan
    38,000       *               433  
Allentown City Officers & Employees Pension Fund
    26,000       *               296  
Allentown City Police Pension Plan
    48,000       *               547  
Alpha US Sub Fund 4, LLC
    625,000       *               7,131  
Arapahoe County Colorado
    87,000       *               992  
Arlington County Employees Retirement System
    963,000       *               10,987  
British Virgin Islands Social Security Board
    127,000       *               1,449  
City of New Orleans
    362,000       *               4,130  
City University of New York
    218,000       *               2,487  
Delaware State Retirement Fund
    2,238,000       *               25,535  
Georgia Municipal Employees
    978,000       *               11,158  
The Grable Foundation
    129,000       *               1,471  
Grady Hospital Fund
    191,000       *               2,179  
HFR Convertible Arbitrage Account
    749,000       *               8,546  
Independence Blue Cross
    555,000       *               6,332  
Lyxor
    1,782,000       *               20,332  

 


 

                                 
    PRINCIPAL                        
    AMOUNT OF                        
    NOTES           COMMON   COMMON
    BENEFICIALLY   PERCENTAGE   STOCK OWNED   STOCK
    OWNED AND OFFERED   OF NOTES   PRIOR TO THE   OFFERED
NAME   HEREBY (1)   OUTSTANDING   OFFERING   HEREBY (1)

 
 
 
 
Merrill Lynch Insurance Group
    447,000       *               5,100  
Municipal Employees
    344,000       *               3,925  
New Orleans Firefighters Pension/Relief Fund
    197,000       *               2,247  
Occidental Petroleum Corporation
    372,000       *               4,244  
Ohio Bureau of Workers Compensation
    243,000       *               2,772  
Policeman and Firemen Retirement System of the City of Detroit
    903,000       *               10,303  
Pro-Mutual
    1,081,000       *               12,334  
Shell Pension Trust
    523,000       *               5,967  
State of Maryland Retirement Agency
    4,614,000       *               52,645  
Susquehanna Capital Group
    10,000,000       1.56 %             114,100  
Swiss Re Financial Products Corporation
    37,338,000       5.82 %             426,026  
Tag Associates
    132,000       *               1,506  
Trustmark Insurance
    497,000       *               5,670  
 
                             


*   Less than one percent.

(1)  The number of shares of common stock owned prior to the offering includes shares of common stock into which the notes are convertible. The number of shares of common stock offered hereby is based on a conversion rate of 11.410 shares of common stock per $1,000 principal amount of maturity of the notes. Information concerning other Selling Securityholders will be set forth in prospectus supplements from time to time, if required. The number of shares of common stock owned by the other Selling Securityholders or any future transferee from any such holder assumes that they do not beneficially own any common stock other than common stock into which the notes are convertible at a conversion rate of 11.410 shares of common stock per $1,000 principal amount of maturity of the notes.

     INVESTING IN THE NOTES OR THE COMMON STOCK ISSUABLE UPON CONVERSION OF THE NOTES INVOLVES A HIGH DEGREE OF RISK. PLEASE CONSIDER THE “RISK FACTORS” BEGINNING ON PAGE 7 OF THE PROSPECTUS.

     NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THE PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

The date of this prospectus supplement is January 31, 2003.

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