-+ 0.00%
-+ 0.00%
-+ 0.00%

Alvotech Strengthens Liquidity With $75M Term Loan, Building On Recent $165M Equity Raise For Total $240M In New Capital

Benzinga·07/01/2026 08:05:56
Listen to the news

— $75 million additional term loan facility maturing December 31, 2027, led by GoldenTree Asset Management

— Follows recent $165m equity raise strengthening cash position

— Including equity financing and undrawn loan facility, Alvotech has secured access to $240 million in new capital

— Funds will support execution across Alvotech’s R&D pipeline and global product launches