The word loan matures towards and you will accrues notice at an annual rate regarding covered total investment speed (SOFR) together with seven
The word loan matures towards and you will accrues notice at an annual rate regarding covered total investment speed (SOFR) together with seven Pursuant towards financing and you can warranty agreement, the firm complete a primary drawdown out-of $120 mil towards the ount was used by the Team to fund the cash idea within the payment from Deerfield's older shielded modifiable notes LAUSANNE, Switzerland, --(Business Wire)--ADC Therapeutics SA (NYSE: ADCT) today revealed so it enjoys finished a number of strategic deals where it: ("Owl Stone"), and you may loans addressed because of the Oaktree Money Management, L.P. ("Oaktree") which have an upfront tranche of $120 million gotten up on closing today; Compensated in full the fresh $115 billion aggregate principal amount of older secured convertible cards kept because of the…