Brief: Centessa Pharmaceuticals Announces $300 Mln Financing Agreement With Oberland Capital

Centessa Pharmaceuticals

04/10/2021 13:14

Oct 4 (Reuters) - Centessa Pharmaceuticals PLC  260y.F :
    * CENTESSA PHARMACEUTICALS ANNOUNCES $300 MILLION FINANCING
AGREEMENT WITH OBERLAND CAPITAL
    * CENTESSA PHARMACEUTICALS - $125 MILLION AVAILABLE TO BE
FUNDED
IN TRANCHES OF $75 MILLION, $50 MILLION WITHIN 24 MONTHS OF
FIRST PURCHASE DATE AT OPTION OF CO
    * CENTESSA PHARMACEUTICALS PLC - $100 MILLION AVAILABLE TO
FUND
M&A, IN-LICENSING, OR OTHER STRATEGIC TRANSACTIONS, AT OPTION OF
CO AND OBERLAND CAPITAL

Source text for Eikon:  ID:nGNX7rGXmk 
Further company coverage:  260y.F 

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