Inotiv enters USD 65.5 million superpriority DIP loan facility with lenders

Inotiv, Inc.

Inotiv, Inc.

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  • Inotiv entered a superpriority secured debtor-in-possession credit agreement on June 5 for a USD 65.5 million priming term-loan facility.
  • Facility includes USD 25 million of new-money term loans, with USD 16 million available immediately, plus a USD 40.52 million roll-up of prepetition bridge loans.
  • Borrowings accrue interest at adjusted term SOFR, floor 2.5%, plus 11.5%, paid in kind; upfront premiums of 4.5% new money, 3.5% roll-up.
  • On Chapter 11 emergence, obligations convert dollar-for-dollar into an exit first-lien term loan facility up to USD 150 million, with a 4.5% paid-in-kind exit premium.
  • DIP matures Aug. 4, 2026, subject to extension; requires minimum average weekly liquidity of at least USD 5 million.


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. Inotiv Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-041667), on June 08, 2026, and is solely responsible for the information contained therein.

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