Arrowhead Replaces $400 Million Loan With New Facility
Arrowhead refinanced its $400 million Sixth Street facility, retiring the old facility at a $68 million discount to its contractual minimum repayment amount. The new loan bears interest at 3-month SOFR plus 5.50% and matures November 2, 2031.
Arrowhead refinanced its $400M Sixth Street facility, retiring the old facility at a $68M discount to its contractual minimum repayment amount. The new $400M loan bears interest at 3-month SOFR plus 5.50% and matures November 2, 2031.Material DetailsContext by AI AnalystThis is a financing update f…