Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Arrowhead Pharmaceuticals refinances $400 million loan with Sixth Street

Arrowhead Pharmaceuticals refinances $400 million loan with Sixth Street

BitgetBitget2026/11/04 12:31
  • Arrowhead Pharmaceuticals refinanced its existing $400 million facility with a new $400 million senior secured term loan facility from Sixth Street-managed funds.
  • The new loan carries annual interest of three-month SOFR plus 5.50%, replacing the retired facility’s 15% annual rate.
  • The refinancing retired the existing facility at a $68 million discount to its contractual minimum repayment amount.
  • Maturity extends to November 2, 2031, with all principal due at maturity and no scheduled amortization payments.
  • The new facility eliminates mandatory prepayments from specified transaction proceeds, partnership payments and commercial revenue, improving liquidity flexibility.


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. Arrowhead Pharmaceuticals Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261104639267) on November 04, 2026, and is solely responsible for the information contained therein.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!