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CERS — Cerus News Story

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Brief: Cerus Corporation Closes New Debt Facility Of Up To $110 Million

BRIEF-Cerus Corporation Closes New Debt Facility Of Up To $110 Million

- Cerus Corp CERS.O:

  • CERUS CORPORATION CLOSES NEW DEBT FACILITY OF UP TO $110 MILLION

  • CERUS - FACILITY INCLUDES 5-YEAR TERM LOAN AND ASSET-BACKED REVOLVING LOAN

  • CERUS - REFINANCING EXPECTED TO REDUCE ANNUAL CASH INTEREST EXPENSE BY UP TO $3.5 MILLION

  • CERUS - ENTERS NEW 5-YEAR REVOLVING LOAN AGREEMENT UP TO $45 MILLION

Source text: ID:nBw3D6R7Na

Further company coverage: CERS.O


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

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