debt
confidence high
sentiment neutral
materiality 0.60
OPKO Health issues $125M additional senior secured notes due 2044
OPKO HEALTH, INC.
- Issued $125M additional senior secured notes under amended Note Purchase Agreement dated Aug 13, 2026.
- Notes mature July 17, 2044; interest at 3-month SOFR + 7.5% (4% floor), payable quarterly.
- Secured by EirGen's royalty payments from Pfizer profit share and mazdutide payments from Eli Lilly, capped at $187.5M.
- Guarantors OBL and EirGen guarantee notes; security interest in certain assets.