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SELECTED TRANSACTION DETAILS
Oxford Finance, SVB Provide Up to $35MM Financing for Selecta Biosciences
Thursday, September 3, 2020

Lenders/Participants Oxford Finance [Lender]
Silicon Valley Bank [Lender]
Structure Debt Financing Facility
Amount $35.000 Million
Borrower(s) Selecta Biosciences, Inc.
Description A debt financing facility for up to $35 million with Oxford Finance and Silicon Valley Bank (SVB). Proceeds from the financing will be used to retire $12.6 million of existing debt, advance Selecta’s ImmTOR pipeline in gene therapy and autoimmune diseases, and for selected business development activities. Transaction details not disclosed.
Industry Biotechnology
Location MA
Related Tags Oxford Finance LLC, Silicon Valley Bank