Alvotech secures up to USD 75 million loan add-on from GoldenTree-led lenders
Alvotech
Alvotech ALVO | 0.00 |
- Alvotech amended its existing loan agreement to add up to USD 75 million of new debt financing led by GoldenTree Asset Management.
- The loan carries a fixed 12.5% interest rate, paid monthly, with a final maturity of Dec. 31, 2027.
- The facility lifts total new funding access to up to USD 240 million, including a recent USD 165 million equity raise.
- Proceeds are earmarked for developing and commercializing new biosimilars, supporting global expansion.
- The USD 75 million add-on follows a USD 100 million loan from the same lender group announced in December.
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. Alvotech SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607010400OMX_____CNEWS_IS_GNW1001210530_is) on July 01, 2026, and is solely responsible for the information contained therein.
