Brief: Cumberland Pharmaceuticals Inc Entered Into New Revolving Credit Loan Agreement With Pinnacle Bank

Cumberland Pharmaceuticals

06/09/2023 11:35

Sept 6 (Reuters) - Cumberland Pharmaceuticals Inc
 CPIX.O :
    * CUMBERLAND PHARMACEUTICALS INC - ON SEPT 5, ENTERED INTO
NEW
REVOLVING CREDIT LOAN AGREEMENT WITH PINNACLE BANK
    * CUMBERLAND PHARMACEUTICALS INC - NEW PINNACLE AGREEMENT
PROVIDES
FOR AN AGGREGATE PRINCIPAL FUNDING AMOUNT OF UP TO $25 MILLION
    * CUMBERLAND PHARMACEUTICALS INC - NEW PINNACLE AGREEMENT
HAS A
THREE YEAR TERM EXPIRING ON OCTOBER 1, 2026
    * CUMBERLAND PHARMACEUTICALS INC -  PRIOR REVOLVING CREDIT
LOAN
AGREEMENT, AS AMENDED, ORIGINALLY DATED JULY 28, 2017 WAS
TERMINATED

Further company coverage:  CPIX.O 

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