Brief: Cipher Pharmaceuticals announces new credit facility

Cipher Pharmaceuticals

03/11/2017 11:30

Nov 3 (Reuters) - Cipher Pharmaceuticals Inc  CPH.TO  
    * Cipher Pharmaceuticals announces new credit facility 
    * Cipher Pharmaceuticals Inc - it has entered a new 
three-year, 
US$20.0 million senior secured term credit facility with 
Canadian Imperial Bank of Commerce 
    * Cipher Pharmaceuticals Inc - has entered a new 
three-year, 
US$20.0 million senior secured term credit facility with 
Canadian Imperial Bank Of Commerce 
    * Cipher - proceeds will be used to fully repay remaining 
balance 
on senior secured notes with investment funds managed by 
Athyrium Capital Management 
    * Cipher Pharmaceuticals Inc - credit facility has a 
maturity 
date of November 2, 2020 
 
Source text for Eikon:  ID:nCNW5nXz6a  
Further company coverage:  CPH.TO  
 
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