Brief: Avid Bioservices Says Entered Credit Agreement On March 14

Avid Bioservices

15/03/2023 22:44

March 15 (Reuters) - Avid Bioservices Inc  CDMO.O :
    * AVID BIOSERVICES INC - ON MARCH 14, CO ENTERED INTO A
CREDIT
AGREEMENT
    * AVID BIOSERVICES - CREDIT AGREEMENT PROVIDES FOR REVOLVING
CREDIT FACILITY EQUAL TO LESSER OF $50 MILLION AND SUM BASED ON
CERTAIN CALCULATIONS
    * AVID BIOSERVICES - CREDIT FACILITY WILL MATURE ON MARCH
13, 2024

Further company coverage:  CDMO.O 

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