Cerus closes new debt facility with MidCap Financial for up to $110 million

Cerus

Cerus

CERS

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  • Cerus closed a new debt facility with MidCap Financial for up to USD 110 million, comprising a 5-year term loan, asset-backed revolving loan.
  • Initial proceeds funded a USD 35 million tranche; up to USD 30 million more is available in USD 5 million increments.
  • Cash and loan proceeds retired an existing USD 65 million term loan facility with MidCap.
  • Refinancing is expected to cut annual cash interest expense by up to USD 3.5 million, reflecting lower borrowing costs and a roughly USD 30 million lower term loan balance.
  • New 5-year revolving loan provides up to USD 45 million of capacity.


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. Cerus Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260608628365) on June 08, 2026, and is solely responsible for the information contained therein.

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