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Societal CDMO Completes Strategic Recast of Capital Structure Highlighted by Reduction and Refinancing of Outstanding Debt

Societal CDMO Completes Strategic Recast of Capital Structure Highlighted by Reduction and Refinancing of Outstanding Debt
Closing of Three Separate Transformative Capital Financings, Including Two Significant Non-Dilutive Transactions, Generates Combined Gross Proceeds of More than $100 Million Which Reduce Outstanding Debt from $100 Million to $36.9 Million Remaining Debt Successfully Refinanced with Royal Bank of Canada, Improving Net Debt Leverage Ratio and Saving Approximately $6 Million in Anticipated Annual Interest Costs […] The post Societal CDMO Completes Strategic Recast of Capital Structure Highlighted b... Read More
Posted: Dec 16 2022, 14:25
Author Name: forextv
Views: 102210

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