Oncology Institute repays USD 86 million Deerfield convertible note via OrbiMed refinancing
Oncology Institute, Inc. TOI | 0.00 |
- The Oncology Institute repaid its outstanding $86 million senior secured convertible note with Deerfield Partners through a refinancing.
- Debt repayment funded by a new $75 million term loan from OrbiMed, maturing in 2031.
- Used about $11 million of balance-sheet cash to complete the repayment; no additional equity raised.
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