Mintz Advises Sixth Street in a Non-Dilutive, Senior Secured Credit Facility of Up to $475M for Apellis Pharmaceuticals
May 15, 2024
May 15, 2024
BOSTON, Massachusetts, May 15 -- Mintz, a law firm, issued the following news release:
Mintz advised global investment firm Sixth Street in a non-dilutive, senior secured credit facility of up to $475 million for Apellis Pharmaceuticals (Nasdaq: APLS). Apellis received $375 million in funding at close, with ability to access an additional $100 million under the facility at the Company's option prior to September 2025, subject to the satisfaction of certain conditions.
Mintz advised global investment firm Sixth Street in a non-dilutive, senior secured credit facility of up to $475 million for Apellis Pharmaceuticals (Nasdaq: APLS). Apellis received $375 million in funding at close, with ability to access an additional $100 million under the facility at the Company's option prior to September 2025, subject to the satisfaction of certain conditions.