Brief: Adaptimmune Therapeutics Secures Up To $125 Million Debt Financing With Hercules Capital

Hercules Capital

15/05/2024 12:22

May 15 (Reuters) - Adaptimmune Therapeutics PLC
 ADAP.O :
    * ADAPTIMMUNE THERAPEUTICS PLC - SECURES UP TO $125 MILLION
DEBT
FINANCING WITH HERCULES CAPITAL
    * ADAPTIMMUNE THERAPEUTICS PLC - HAS ENTERED INTO $125
MILLION
FIVE-YEAR, TERM LOAN FACILITY WITH HERCULES CAPITAL, INC
    * ADAPTIMMUNE THERAPEUTICS-FIRST TRANCHE OF $25 MILLION
AVAILABLE
UPON CLOSING; CO WILL BE ELIGIBLE TO DRAW ADDITIONAL $25 MILLION
SUBJECT TO AFAMI-CEL APPROVAL

Source text for Eikon:  ID:n0001558370-24-008208 
Further company coverage:  ADAP.O 

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