- Existing senior bonds upsized by $70 million with additional investment from a consortium of institutional investors
- Alvotech acquires the Reykjavik manufacturing facility, previously utilized under a long-term lease agreement, and secures approximately $16 million, at current exchange rates, in gross loan proceeds through refinancing of secured loan facility
- Alvotech secures $50 million in financing in the form of an unsecured subordinated loan facility from Alvogen
RBC Capital Assumes Frontier Lithium at Outperform, Announces Price Target of C$3.75
RBC Capital analyst Wayne Lam assumes Frontier Lithium (TSXV:FL) with a Outperform rating and announces Price Target of C$3.75.
