Brief: ADC Therapeutics Says Co & Certain Of Its Subsidiaries Entered Into First Amendment To Loan Agreement & Guaranty, Dated Aug 15, 2022

ADC Therapeutics SA

19/01/2024 21:57

Jan 19 (Reuters) - ADC Therapeutics SA  ADCT.N :
    * ADC THERAPEUTICS SA:  ON JAN 16, 2024 CO & CERTAIN OF ITS
SUBSIDIARIES ENTERED INTO FIRST AMENDMENT TO LOAN AGREEMENT &
GUARANTY, DATED AUG 15, 2022
    * ADC THERAPEUTICS:AMENDMENT PROVIDES OUT-LICENSING
ARRANGEMENTS
FOR PRECLINICAL COMPOUNDS,CERTAIN TECHNOLOGIES THAT PROVIDE CASH
PROCEEDS ABOVE $75MLN
    * ADC THERAPEUTICS: ON JAN 16, LENDERS TO CREDIT DEAL WAIVED
POTENTIAL NON-FINANCIAL EVENTS OF DEFAULT THAT WERE ALLEGED TO
HAVE OCCURRED THEREUNDER

Further company coverage:  ADCT.N 

 ((Reuters.Briefs@thomsonreuters.com;))