Advised Pharmaceutical Company on $90M Recapitalization
Advised Pharmaceutical Company on $90M Recapitalization
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Advised a pharmaceutical manufacturer on a $90 million recapitalization, comprising $65 million in refinanced debt and $25 million in preferred equity. The preferred equity component freed approximately $22 million for a distribution to the company's owners, while structuring the transaction to comply with Medicaid and Medicare regulations.
