Alvotech Strengthens Liquidity With $75M Term Loan, Building On Recent $165M Equity Raise For Total $240M In New Capital

Alvotech

Alvotech

ALVO

0.00

— $75 million additional term loan facility maturing December 31, 2027, led by GoldenTree Asset Management

— Follows recent $165m equity raise strengthening cash position

— Including equity financing and undrawn loan facility, Alvotech has secured access to $240 million in new capital

— Funds will support execution across Alvotech’s R&D pipeline and global product launches


 

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.