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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MidCap Financial, BioCryst Close $23MM Senior Credit Facility
Monday, September 26, 2016
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Lenders/Participants
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MidCap Financial [Lender]
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Structure
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Senior Credit Facility
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Amount
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$23.000
Million
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Borrower(s)
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BioCryst Pharmaceuticals, Inc.
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Description
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The facility was fully funded at closing and bears a variable interest rate based upon LIBOR, currently at 8.5%; an interest-only period through fiscal 2017; and scheduled principal and interest payments for the following 40 months. The Company has the option to repay the facility at any time prior to the scheduled principal repayment schedule.
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Industry
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Pharmaceuticals
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| Related Tags |
MidCap Financial
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ABL Advisor
Deal Tables
2024
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