---
schema_version: "secwatch.filing_event.v1"
accession: "0001070081-23-000059"
form_type: "8-K"
ticker: "PTCT"
cik: "0001070081"
company_name: "PTC THERAPEUTICS, INC."
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T19:40:58.498001+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PTC Therapeutics terminates $302.1M credit agreement, pays $82.1M in prepayment premiums

## Summary
- Terminated Credit Agreement dated Oct 27, 2022; repaid $302.1M principal plus accrued interest.
- Paid additional $82.1M in prepayment premiums, expenses, and other exit fees.
- All liens and security interests securing loans under the Credit Agreement were released.

## SEC filing metadata
- accession: 0001070081-23-000059
- form_type: 8-K
- ticker: PTCT
- cik: 0001070081
- company_name: PTC THERAPEUTICS, INC.
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070081/000107008123000059/0001070081-23-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070081/000107008123000059/tmb-20231019x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070081-23-000059
- JSON: https://secwatch.observer/filing/0001070081-23-000059.json
- Plain text: https://secwatch.observer/filing/0001070081-23-000059.txt

## Key facts
- Material Agreements
  PTC THERAPEUTICS, INC. terminated Credit Agreement valued at $302.1 million (effective 2023-10-19).
  - Action: termination
  - Agreement: credit facility
  - Value: $302.1 million
  - Effective: 2023-10-19
  source text: On October 19, 2023, the Company terminated the Credit Agreement, dated October 27, 2022, by and among the Company, as the borrower, each subsidiary of the Company from time to time party thereto, as guarantors, the lenders from time to time party thereto and Wilmington Trust National Association, as administrative agent (the "Credit Agreement").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070081/000107008123000059/0001070081-23-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.