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ADMA Biologics Repays $30 Million of Term Loan Facility
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ADMA Biologics Repays $30 Million of Term Loan Facility
Dec 20, 2024 8:39 AM

11:04 AM EST, 12/20/2024 (MT Newswires) -- ADMA Biologics ( ADMA ) said Friday it has made a $30 million paydown for its $62.5 million senior secured term loan facility with Ares Capital ( ARCC ) using cash on hand.

With the partial repayment, the company said it reduced its total gross debt by 29% to $75 million.

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