secwatch / observer
8-K filed February 14, 2023, 6:59 PM ET ticker SUPN CIK 0001356576
debt confidence high sentiment positive materiality 0.60

SUPERNUS PHARMACEUTICALS, INC. (SUPN): debt financing — Supernus enters into $150M secured credit facility with UBS

SUPERNUS PHARMACEUTICALS, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.92

SUPERNUS PHARMACEUTICALS, INC. incurred revolving credit of up to $150,000,000.00 with UBS Bank USA at Fixed rate: UBS Fixed Funding Rate + applicable Percentage Spread; Variable rate maturing Not explicitly stated; payable on demand or upon default.

Instrument
revolving credit
Principal
up to $150,000,000.00
Counterparty
UBS Bank USA
Rate
Fixed rate: UBS Fixed Funding Rate + applicable Percentage Spread; Variable rate
Maturity
Not explicitly stated; payable on demand or upon default
Event
incurrence
Exact text from the filing
On February 8, 2023, Supernus Pharmaceuticals, Inc. ( the “Company”) entered into a credit line agreement (the “Credit Line”) with UBS Bank USA (“UBS”). The Credit Line provides for a revolving line of credit of up to $150,000,000.00, which can be drawn at any time and will be used for general corporate purposes.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SUPERNUS PHARMACEUTICALS, INC. entered into Credit Line with UBS Bank USA valued at $150,000,000.00 (effective 2023-02-08).

Action
entry
Agreement
credit facility
Counterparty
UBS Bank USA
Value
$150,000,000.00
Effective
2023-02-08
Exact text from the filing
On February 8, 2023, Supernus Pharmaceuticals, Inc. ( the “Company”) entered into a credit line agreement (the “Credit Line”) with UBS Bank USA (“UBS”). The Credit Line provides for a revolving line of credit of up to $150,000,000.00
View on SEC.gov

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SUPERNUS PHARMACEUTICALS, INC. filing history →

Source: SEC EDGAR
accession 0001104659-23-021918
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