Emergent BioSolutions voluntarily prepays $100M of term loan; total debt reduced by $275M since 2023

Emergent BioSolutions Inc.

Voluntary prepayment of $100M on term loan using cash on hand in late December 2025.
Pro forma gross debt reduced to $593M, a 32% decline from $868M since the transformation plan began in 2023.
CEO Joe Papa says the prepayment improves financial flexibility and supports long-term growth initiatives.
Company to present at the 44th Annual J.P. Morgan Healthcare Conference on January 14, 2026.

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