other material
confidence high
sentiment neutral
materiality 0.45
Immunocore prepays $52M Pharmakon loan, terminating agreement 4 years early
Immunocore Holdings plc
- Immunocore prepaid $52M ($50M principal, $0.5M interest, $1.5M prepayment premium) on Nov 8, 2024.
- Full repayment terminates all obligations under Pharmakon Loan Agreement originally due Nov 8, 2028.
- Loan was from BioPharma Credit entities; collateral agent BioPharma Credit PLC.
- Subsidiary Immunocore Limited was borrower; parent Immunocore Holdings as credit party.