Goodwin: Allurion Technologies Completes $48M Convertible Senior Secured Note Financing With RTW Investments
April 24, 2024
April 24, 2024
BOSTON, Massachusetts, April 24 -- Goodwin, a law firm, issued the following news release:
The Life Sciences team advised Allurion Technologies (NYSE: ALUR) on the closing of its $48 million convertible senior secured note financing with certain entities managed by RTW Investments, LP. Proceeds were used to repay in full the company's obligations under its existing term loan with Fortress Credit Corp., reducing the company's interest expense and increasing operational flex . . .
The Life Sciences team advised Allurion Technologies (NYSE: ALUR) on the closing of its $48 million convertible senior secured note financing with certain entities managed by RTW Investments, LP. Proceeds were used to repay in full the company's obligations under its existing term loan with Fortress Credit Corp., reducing the company's interest expense and increasing operational flex . . .