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Valneva Extends Interest-Only Payment Term For Its Loan Facility With Deerfield and OrbiMed

Author: Benzinga Newsdesk | March 18, 2024 02:43am

Reimbursements of the first $100 million tranche will now start in January 2026 instead of July 2024. Maturity of this first tranche will remain in the first quarter of 2027. The terms of the second $100 million tranche remain unchanged.
Reimbursements deferred by 18 months to start in January 2026 instead of July 2024
 

Posted In: VALN


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