BioPharma Credit lends to Paratek as it cashes out its OPTN position

BioPharma Credit highlights yesterday’s announcement that Paratek has completed its purchase of OPTN. In connection with this, BioPharma Credit received $82.8m, $71.5m was the repayment of the loan it had made to OPTN and $11.3m came as ‘make-whole’ and prepayment fees, and accrued interest. There is another $1.6m to come in connection with the company’s … Continue reading BioPharma Credit lends to Paratek as it cashes out its OPTN position