tiprankstipranks
Immunocore Holdings Prepares Early Loan Agreement Termination
Company Announcements

Immunocore Holdings Prepares Early Loan Agreement Termination

Don't Miss our Black Friday Offers:

Immunocore Holdings ( (IMCR) ) has shared an announcement.

Immunocore Limited has fully prepaid its $52 million Pharmakon Loan Agreement, originally set to mature in 2028, effectively terminating all related obligations. This strategic financial move included a principal repayment of $50 million, along with $0.5 million in accrued interest and $1.5 million in prepayment and other fees, demonstrating a proactive approach to managing debt and potentially strengthening their financial position.

For an in-depth examination of IMCR stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyImmunocore downgraded to Neutral from Outperform at Mizuho
TipRanks Auto-Generated NewsdeskImmunocore Holdings Plc Reports Strong Q3 Revenue Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App