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CLSN - Celsion News Story

$1.37 -0.4  -21.3%

Last Trade - 22/01/21

Sector
Healthcare
Size
Micro Cap
Market Cap £37.5m
Enterprise Value £27.7m
Revenue £365k
Position in Universe 5289th / 6630

BRIEF-Celsion Corporation Restructures Its Strategic Loan Facility

Wed 2nd September, 2020 1:03pm
Sept 2 (Reuters) - Celsion Corp  CLSN.O :
    * CELSION CORPORATION RESTRUCTURES ITS STRATEGIC LOAN
FACILITY
    * CELSION CORP - ON AUGUST 28, CO ENTERED INTO AN AMENDMENT
TO ITS
EXISTING $10 MILLION LOAN AGREEMENT  WITH HORIZON TECHNOLOGY
FINANCE CORPORATION
    * CELSION CORP - ELECTED TO REDUCE ITS OUTSTANDING DEBT
UNDER LOAN
BY $5 MILLION
    * CELSION CORP - NEW $5 MILLION LOAN IS IN FORM OF SECURED
INDEBTEDNESS BEARING INTEREST AT A CALCULATED LIBOR-BASED
VARIABLE RATE
    * CELSION CORP - PLANS TO USE PROCEEDS FROM LOAN FOR
ADVANCEMENT
OF PRODUCT PIPELINE

Source text for Eikon:  ID:nGNX9cBBq5 
Further company coverage:  CLSN.O 

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