debt
confidence high
sentiment neutral
materiality 0.70
Opus Genetics, Inc. (IRD): debt financing — Opus Genetics closes $35 million initial tranche of $155 million senior secured notes
Opus Genetics, Inc.
- Initial $35 million tranche funded on April 21, 2026; notes mature April 21, 2033.
- Notes bear floating rate based on Term SOFR (with floor) plus margin; interest payable quarterly.
- Total note purchase agreement provides up to $155 million ($105M committed, $50M uncommitted).
- Notes secured by substantially all assets of Opus Genetics and its subsidiaries.