Catalent Announces Closing of Incremental Term Loans
2023年12月20日 - 6:15AM
ビジネスワイヤ(英語)
Catalent, Inc. (NYSE: CTLT), the leader in enabling the
development and supply of better treatments for patients worldwide,
announced today that its wholly owned subsidiary, Catalent Pharma
Solutions, Inc., as borrower, and certain other wholly owned
subsidiaries of Catalent, entered into an amendment, dated as of
December 19, 2023, to its existing credit agreement for the
issuance of new incremental term loans in an aggregate amount of
$600 million, which was upsized due to very strong lender demand.
The proceeds were used to repay a portion of the outstanding
borrowings under Catalent’s revolving credit facility and to pay
related fees and expenses.
“We are pleased to announce the successful outcome of our term
loan transaction, which effectively terms-out a significant portion
of our outstanding balance under the revolving credit facility,”
said Matti Masanovich, Chief Financial Officer. “This action brings
our total liquidity to approximately $1.3 billion and exemplifies
our commitment and prioritization to a prudent financial policy,
specifically the strengthening of our capital structure and
liquidity position.”
About Catalent, Inc.
Catalent, Inc., is the global leader in enabling pharma,
biotech, and consumer health partners to optimize product
development, launch, and full life-cycle supply for patients around
the world. With broad and deep scale and expertise in development
sciences, delivery technologies, and multi-modality manufacturing,
Catalent is a preferred industry partner for personalized
medicines, consumer health brand extensions, and blockbuster drugs.
Catalent helps accelerate over 1,500 partner programs and launch
over 150 new products every year. Its flexible manufacturing
platforms at over 50 global sites supply approximately 70 billion
doses of nearly 8,000 products annually. Catalent’s expert
workforce of nearly 18,000 includes more than 3,000 scientists and
technicians. Headquartered in Somerset, New Jersey, the company
generated nearly $4.3 billion in revenue in its 2023 fiscal
year.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements contained in this press release that do not
relate to matters of historical fact should be considered
forward-looking statements. These forward-looking statements are
based on management’s current expectations. These statements are
neither promises nor guarantees, but involve known and unknown
risks, uncertainties and other important factors that may cause
actual future events, results or achievements to be materially
different from Catalent’s expectations and projections expressed or
implied by the forward-looking statements. Important factors
include, but are not limited to, those discussed under the caption
“Risk Factors” in Catalent’s Annual Report on Form 10-K for the
year ended June 30, 2023, and Catalent’s other filings with the
SEC. Forward-looking statements speak only as of the date of this
press release and are based on information available to Catalent as
of the date of this press release, and Catalent assumes no
obligation to update such forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231219865181/en/
Paul Surdez, Catalent, Inc. (732) 537-6325
investors@catalent.com
Catalent (NYSE:CTLT)
過去 株価チャート
から 11 2024 まで 12 2024
Catalent (NYSE:CTLT)
過去 株価チャート
から 12 2023 まで 12 2024