Emergent BioSolutions closed a new credit facility agreement with Oak Hill Advisors for a term loan of up to $250 million. Emergent used a portion of the proceeds of the New Term Loan to repay all amounts outstanding under the senior term loan...
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September 04, 2024, 07:47 AM
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Seres Therapeutics, a leading microbiome therapeutics company, entered into a new $250 million senior secured debt facility ("Term Loan Facility") provided by funds managed by Oaktree Capital Management. The Company drew the first tranche of $110...
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Locus Fermentation Solutions (Locus FS), a green tech company that produces biological alternatives to chemicals that advance decarbonization goals, has secured $117 million in IP-insurance backed debt financing arranged by Jefferies, bringing its...
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Gamida Cell closed a senior secured convertible term loan of $25 million with certain funds managed by Highbridge Capital Management, LLC. Pursuant to the loan agreement, Gamida Cell’s wholly-owned subsidiary, as borrower, will draw down $25 million...
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December 12, 2022, 08:10 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Biomechanical Research & Testing, LLC (“BRT”) by Aperture, LLC (“Aperture”), a portfolio company of Trinity...
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Eyenovia entered into a new $25 million credit financing facility with Silicon Valley Bank.“This non-dilutive credit facility provides us with a significant amount of financial and operating flexibility at terms that we believe are favorable to the...
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Rezolute entered into a $30 million debt financing agreement with investment affiliates managed by SLR Capital Partners.Fifteen million of the $30 million loan was funded upon closing with an interest only period of 24 months. The remaining fifteen...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Serán Bioscience, Inc. by private equity sponsor Vivo Capital LLC.Founded in 2016 and located in Bend, Oregon...
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January 08, 2021, 08:30 AM
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Kerecis Limited, a regenerative-medicine biologics company, has secured $21 million in new financing. Silicon Valley Bank is providing a revolving line of credit of up to $15 million to meet the company’s near-term working-capital needs. Also, the...
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August 27, 2020, 08:45 AM
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Orchard Therapeutics, a commercial-stage biopharmaceutical company, announced financial results for the quarter ended March 31, 2019 and provided several program updates related to its neurometabolic disease portfolio. Orchard has brought forward the...
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ADMA Biologics, Inc., a vertically integrated commercial biopharmaceutical company that develops, manufactures and markets specialty plasma-based biologics for the prevention and treatment of certain infectious and immunological diseases, announced...
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October 11, 2017, 07:05 AM
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Emergent BioSolutions Inc. announced that it has completed a new five-year, $200 million syndicated senior secured credit facility. This new facility replaces and represents an increase from the company's prior $100 million facility, which was...
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October 02, 2017, 08:00 AM
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Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $10 million senior secured term loan with Oxford BioTherapeutics, an international, clinical-stage...
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January 27, 2017, 07:00 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $20 million senior credit facility to support the growth of Cytovance Biologics, Inc. by private equity sponsor, Great Point Partners.Based in...
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October 28, 2014, 07:53 AM
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