Brief: Verrica Pharmaceuticals Inc Says Co Voluntarily Repaid In Full Debt Outstanding Under Mezzanine Loan, Security Agreement
13/07/2022 21:22
July 13 (Reuters) - Verrica Pharmaceuticals Inc VRCA.O :
* VERRICA PHARMACEUTICALS INC - ON JULY 11, VOLUNTARILY
REPAID IN
FULL DEBT OUTSTANDING UNDER MEZZANINE LOAN AND SECURITY
AGREEMENT
* VERRICA PHARMACEUTICALS INC - DID NOT INCUR ANY PREPAYMENT
PENALTIES IN CONNECTION WITH REPAYMENT OF AMOUNTS PAYABLE UNDER
LOAN AGREEMENTS
* VERRICA PHARMACEUTICALS INC - PREPAYMENT AMOUNT WAS ABOUT
$43.9
MILLION, INCLUSIVE OF PRINCIPAL AMOUNT OF DEBT, FINAL PAYMENT
FEE, AND ACCRUED INTEREST
Further company coverage: VRCA.O
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