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Mesoblast draws US$50 million to cut debt costs and boost flexibility

9:55am on Thursday 25th of June, 2026 AEST Healthcare
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Mesoblast draws US$50 million to cut debt costs and boost flexibility

9:55am on Thursday 25th of June, 2026 AEST
Key Points
  • US$50 million drawn from five-year non-dilutive credit facility
  • Facility carries 8% fixed interest with five-year interest-only period
  • New debt secured solely by Temcell royalty, no asset encumbrance
  • US$122 million cash position supports ongoing operations and pipeline
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