debt
confidence medium
sentiment neutral
materiality 0.50
Alkermes prepays and terminates Amended and Restated Credit Agreement; no early termination penalties
Alkermes plc.
- Dec 19, 2024: Alkermes, Inc. subsidiary prepaid all outstanding amounts under Credit Agreement and terminated it.
- No early termination penalties incurred beyond customary breakage costs.
- All liens on collateral securing the Credit Agreement obligations were released.
- Credit Agreement originally dated Sep 16, 2011, amended multiple times through June 28, 2023.