secwatch.observer — SEC 8-K summary
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Issuer:     CERUS CORP (CERS)
CIK:        0001020214
Form:       8-K
Filed at:   2026-06-08T20:20:03+00:00
Accession:  0001193125-26-261794
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Cerus enters $65M term loan and $30M revolver, refinancing existing debt
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- New term loan facility up to $65M; initial $35M drawn to refinance portion of existing term loan.
- Additional tranche of $30M available subject to lender approval for working capital.
- New revolving credit facility of $30M (expandable to $45M) with $29.9M drawn at closing.
- Term loan bears interest at SOFR+5.5% (floor 1%); revolver at SOFR+3.7% (floor 1%).
- Existing Amended and Restated Credit Agreements terminated and replaced as of June 5, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020214/000119312526261794/0001193125-26-261794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020214/000119312526261794/cers-20260605.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-261794

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