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SELECTED TRANSACTION DETAILS
Silicon Valley Bank Provides Up to $52.5MM Term Loan Facility to TScan Therapeutics
Thursday, December 26, 2024

Lenders/Participants Silicon Valley Bank [Lender]
Structure Term Loan
Amount $52.500 Million
Borrower(s) TScan Therapeutics
Description The first tranche of $32.5 million, advanced at loan closing, will be used to retire the existing convertible debt with K2 Health Ventures and the remainder for general corporate purposes.
Industry Biotechnology
Location MA
Related Tags Bank Lender, Biotechnology, First Citizens Bank, Silicon Valley Bank