Brief: Theratechnologies Raises Term Loan Of Up To $100 Million From Marathon Asset Management

Theratechnologies

13/07/2022 12:58

July 13 (Reuters) - Theratechnologies Inc  TH.TO :
    * THERATECHNOLOGIES ANNOUNCES BINDING COMMITMENT FOR A
NON-DILUTIVE TERM LOAN OF UP TO $100 MILLION FROM MARATHON ASSET
MANAGEMENT
    * THERATECHNOLOGIES INC - INITIAL DRAW OF $40 MILLION WILL
RETIRE
$30 MILLION OF PRINCIPAL AMOUNT OF CONVERTIBLE NOTES DUE IN 2023
    * THERATECHNOLOGIES INC - FINANCING WILL SIGNIFICANTLY
STRENGTHEN
BALANCE SHEET AND EXTEND CASH RUNWAY

Source text for Eikon:  ID:nGNXCgWbR 
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