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BRIEF-Lexicon Pharmaceuticals Secures Up To $200 Million Non-Dilutive Term Loan Financing
December 5, 2017 / 7:06 AM / 8 days ago

BRIEF-Lexicon Pharmaceuticals Secures Up To $200 Million Non-Dilutive Term Loan Financing

Dec 5 (Reuters) - Lexicon Pharmaceuticals Inc:

* LEXICON PHARMACEUTICALS SECURES UP TO $200 MILLION NON-DILUTIVE TERM LOAN FINANCING

* LEXICON PHARMACEUTICALS INC- THE ‍FIRST $150 MILLION IS AVAILABLE IMMEDIATELY AND AN ADDITIONAL TRANCHE OF $50 MILLION IS AVAILABLE FOR DRAW BY MARCH 2019​

* LEXICON PHARMACEUTICALS-SECURES UP TO $200 MILLION OF BORROWING CAPACITY IN TWO TRANCHES, EACH MATURING IN DECEMBER 2022, BEARING INTEREST AT 9.0%/ANNUM Source text for Eikon: Further company coverage:

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