secwatch / observer
8-K filed December 26, 2023, 6:59 PM ET ticker REPL CIK 0001737953
debt confidence high sentiment neutral materiality 0.55

Replimune Group, Inc. (REPL): debt financing — Replimune amends Hercules loan: extends revenue milestone to 2026, adjusts tranches up to $50M

Replimune Group, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Replimune Group, Inc. amended credit facility of the second loan tranche advance under the Loan Agreement was decreased from $45 million to $15 million, (ii) the third l with Hercules Capital, Inc..

Instrument
credit facility
Principal
the second loan tranche advance under the Loan Agreement was decreased from $45 million to $15 million, (ii) the third l
Counterparty
Hercules Capital, Inc.
Event
amendment
Exact text from the filing
the revenue milestone date thereunder to July 31, 2026. In addition, pursuant to the Amendment, (i) the second loan tranche advance under the Loan Agreement was decreased from $45 million to $15 million, (ii) the third loan tranche advance under the Loan Agreement was increased from $25 million to $30 million and the availability of the tranche was extended until
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Replimune Group, Inc. amended Second Amendment to Loan and Security Agreement with Hercules Capital, Inc., as administrative agent and collateral agent, and certain other financial institutions as lenders (effective 2023-12-22).

Action
amendment
Agreement
credit facility
Counterparty
Hercules Capital, Inc., as administrative agent and collateral agent, and certain other financial institutions as lenders
Effective
2023-12-22
Exact text from the filing
On December 22, 2023 (the “Closing Date”), Replimune Group, Inc. (the “Company”) and certain subsidiaries of the Company (collectively, the “Borrowers”) entered into a Second Amendment to Loan and Security Agreement (the “Amendment”) with Hercules Capital, Inc. (“Hercules”), in its capacity as administrative agent and collateral agent (the “Agent”), and certain other financial institutions that from time to time may become parties to the Loan Agreement as lenders (collectively, the “Lenders”) , pursuant to which the Company, Hercules, and the Lenders agreed to amend the Loan and Security Agreement dated October 6, 2022
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11 debt financings filed in the last 30 days. Browse all debt financings →

Replimune Group, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-23-129266
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