MESOBLAST LTD (MESO) Form 6-K — Jun 24, 2026
Mesoblast Limited announced it has drawn down US$50 million from a new five-year facility provided by shareholder and director Dr. Gregory George. The company intends to use the proceeds to optimize its capital structure by retiring a higher-cost debt facility from NovaQuest Capital Management, thereby eliminating short-term obligations. The new credit facility carries a fixed interest rate of 8.00% per annum with a five-year interest-only period and is secured solely by the Temcell royalty.
Key figures
- Debt Amount
- US$50 million
- Cash Position
- US$122 million
- Interest Rate
- 8.00%
- Facility Term
- five-year
- Interest Only Period
- five-year
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