2023-07-28 17:37:13 ET
Theratechnologies ( TSX: TH:CA ) ( NASDAQ: THTX ) said Friday that it amended some of the terms of its credit agreement entered into in July 2022.
The amendment will lower the minimum liquidity the company must maintain at any time to US$15 million from US$20 million.
The amendment agreement was executed with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager.
The amendment, among other things, provides that the company must hold this minimum amount of liquidity at all times up to and until October 31, 2023.
For further details see:
Theratechnologies amends credit facility terms to lower minimum liquidity