Labopharm amends loan accord with Hercules
July 9, 2010 by leonardzehr · Leave a Comment
Hercules Technology Growth Capital has agreed to extend both the period of interest-only payments and maturity date of a loan to Labopharm (TSX:DDS; NASDAQ:DDSS), which will provide Labopharm with $4.5 million in additional liquidity in 2010 and throughout 2011. Under the amended agreement, Hercules has extended the period for Labopharm to make interest-only payments on the [...]
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