Royalty Financing with HCRx: GENFIT Announces Approval of the Amendment of the Terms and Conditions of its 2025 OCEANEs
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GENFIT announced the approval of amendments to the terms of its 2025 OCEANEs by bondholders. This development is part of their royalty financing with HCRx.
March 10, 2025 | 9:30 pm
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GENFIT's bondholders have approved amendments to the terms of its 2025 OCEANEs, which is a positive step in their royalty financing strategy with HCRx.
The approval of the amendments to the 2025 OCEANEs terms by bondholders is a significant step for GENFIT's financial strategy, particularly in their royalty financing with HCRx. This approval likely enhances their financial flexibility and supports their ongoing projects, which is positive for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100