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BRIEF-Paratek pharmaceuticals and Paratek Pharma LLC amends loan and security agreement dated sept 30
December 13, 2016 / 11:43 AM / a year ago

BRIEF-Paratek pharmaceuticals and Paratek Pharma LLC amends loan and security agreement dated sept 30

Dec 13 (Reuters) - Paratek Pharmaceuticals Inc -

* Amendment extended date on which co must begin making amortization payments under loan agreement from April 1, 2018 to Jan 1, 2019

* Amendment increased amount co may borrow by $10.0 million, from up to $40.0 million to up to $50.0 million in multiple tranches

* On Dec 12, co and Paratek Pharma, entered into an amendment to loan and security agreement dated sept 30, 2015-SEC filing Source text: [bit.ly/2hohJBW] Further company coverage:

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