Alvotech Strengthens Liquidity With $75M Term Loan, Building On Recent $165M Equity Raise For Total $240M In New Capital
Benzinga Newsdesk 4 months ago
News
— $75 million additional term loan facility maturing December 31, 2027, led by GoldenTree Asset Management— Follows recent $165m equity raise strengthening cash position— Including equity financing and undrawn loan
— $75 million additional term loan facility maturing December 31, 2027, led by GoldenTree Asset Management
— Follows recent $165m equity raise strengthening cash position
— Including equity financing and undrawn loan facility, Alvotech has secured access to $240 million in new capital
— Funds will support execution across Alvotech’s R&D pipeline and global product launches