Brief: Harrow Health Entered Into First Amendment To Credit Agreement, Guaranty, Consent To Credit Agreement, Guaranty Originally Entered Into On March 27

Harrow

18/07/2023 22:15

July 18 (Reuters) - Harrow Health Inc  HROW.O :
    * HARROW HEALTH - ENTERED INTO FIRST AMENDMENT TO CREDIT
AGREEMENT, GUARANTY, CONSENT TO CREDIT AGREEMENT, GUARANTY
ORIGINALLY ENTERED INTO ON MARCH 27
    * HARROW HEALTH INC - UNDER OAKTREE AMENDMENT, OVERALL
CREDIT
FACILITY SIZE WAS INCREASED FROM $100 MILLION TO $112.5 MILLION
    * HARROW HEALTH INC - ACQUIRED COMMERCIAL RIGHTS TO VEVYE BY
ENTERING INTO LICENSE AGREEMENT WITH NOVALIQ GMBH
    * HARROW HEALTH INC - AS CONSIDERATION, CO WILL MAKE INITIAL
PAYMENTS TO NOVALIQ TOTALING $8 MILLION
    * HARROW HEALTH INC - UNDER THE TERMS OF THE SANTEN
AGREEMENTS, CO
IS REQUIRED TO MAKE AN INITIAL ONE-TIME PAYMENT OF $8 MILLION

Further company coverage:  HROW.O 

 (Reuters.Briefs@thomsonreuters.com)