UroGen Pharma Refinances Term Loan With Pharmakon Advisors at $250 Million Facility

Reuters

Mar 02

<a href="https://laohu8.com/S/URGN">UroGen</a> Pharma Refinances Term Loan With Pharmakon Advisors at $250 Million Facility

UroGen Pharma Ltd. amended and restated its loan agreement with funds managed by Pharmakon Advisors to establish a senior secured term loan facility of up to $250 million in two tranches. The company drew $200 million at closing to refinance its existing $125 million facility and add non-dilutive capital, with an additional $50 million tranche available to be drawn at its option through June 30, 2027. The loans carry a fixed 8.25% interest rate, have no financial covenants, and will be repaid in four equal quarterly installments starting in the first quarter of 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urogen Pharma Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603020755PRIMZONEFULLFEED9663250) on March 02, 2026, and is solely responsible for the information contained therein.

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The company drew $200 million at closing to refinance its existing $125 million facility and add non-dilutive capital, with an additional $50 million tranche available to be drawn at its option through June 30, 2027. The loans carry a fixed 8.25% interest rate, have no financial covenants, and will be repaid in four equal quarterly installments starting in the first quarter of 2030.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urogen Pharma Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603020755PRIMZONEFULLFEED9663250) on March 02, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0314104364.USD","symbol_name":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260302:nNDLb2QfWk:1","article_id":"2616332539","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2616332539","pubTimestamp":1772456116,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"UroGen Pharma Ltd. amended and restated its loan agreement with funds managed by Pharmakon Advisors to establish a senior secured term loan facility of up to $250 million in two tranches. 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The company drew $200 million at closing to refinance its existing $125 million facility and add non-dilutive capital, with an additional $50 million tranche available to be drawn at its option through June 30, 2027. The loans carry a fixed 8.25% interest rate, have no financial covenants, and will be repaid in four equal quarterly installments starting in the first quarter of 2030.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urogen Pharma Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. 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