MannKind Corporation has entered into Amendment No. 1 to its existing Loan Agreement and Security Agreement with Blackstone Alternative Credit Advisors LP, Wilmington Trust, and other lenders. The amendment, signed on August 24, 2025, provides MannKind with an additional $175 million incremental delayed draw term loan to help finance fees, premiums, expenses, and other transaction costs related to a recent merger. The amendment also streamlines borrowing conditions for up to $75 million of delayed draw term loans, part of the aggregate $125 million available under the original agreement. This expanded credit facility supports the company's recent acquisition activities.
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