ADMA Biologics (ADMA) Amends Credit Agreement

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ADMA Biologics Announces Amendment to Credit Agreement

May 2, 2023 7:00 AM EDT

Reduces Nominal Interest Rate by 1%

Provides for Improved Prepayment Flexibility

Total Debt Level Unchanged

Favorable Amendment Enabled by Strengthened Financial Outlook

RAMSEY, N.J. and BOCA RATON, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- ADMA Biologics, Inc. (Nasdaq: ADMA) (ADMA or the Company), an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing, and developing specialty plasma-derived biologics, today announced the Company has amended the terms of its existing senior credit facility with Hayfin Capital Management (Hayfin), which matures in March... More