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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MidCap Financial, Oxford Finance Provide $32MM Credit Facility to Omeros
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Lenders/Participants
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MidCap Financial [Lender]
Oxford Finance [Lender]
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Structure
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Senior Secured Term Loan
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Amount
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$32.000
Million
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Borrower(s)
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Omeros Corporation
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Description
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A $32 million term loan, which requires interest-only payments through March 2015. Thereafter, monthly principal and interest payments will be due through the March 2018 maturity date. The company will use a portion of the loan proceeds to repay its obligations under its prior loan and security agreement with Oxford Finance and affiliates, and the remaining net proceeds of approximately $12.6 million will be used for general corporate purposes and working capital.
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Industry
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Pharmaceutical
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| Related Tags |
MidCap Financial, Oxford Finance
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ABL Advisor
Deal Tables
2025
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