Beam Therapeutics Secures $500 Million Financing Facility With Sixth Street

Reuters

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Beam <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Secures $500 Million Financing Facility With Sixth Street

Beam Therapeutics Inc. entered a $500 million senior secured credit facility with Sixth Street to support the potential launch of its sickle cell disease therapy risto-cel. The facility includes $100 million funded at closing, up to $300 million available upon specified clinical, regulatory and commercial milestones, and an additional $100 million available at Beam’s option subject to mutual agreement. The seven-year facility matures in early 2033, carries an interest rate of about 10% based on current SOFR projections, has no scheduled amortization, and is secured by first-priority liens on substantially all of Beam’s assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beam Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602240700PRIMZONEFULLFEED9659424) on February 24, 2026, and is solely responsible for the information contained therein.

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The facility includes $100 million funded at closing, up to $300 million available upon specified clinical, regulatory and commercial milestones, and an additional $100 million available at Beam’s option subject to mutual agreement. The seven-year facility matures in early 2033, carries an interest rate of about 10% based on current SOFR projections, has no scheduled amortization, and is secured by first-priority liens on substantially all of Beam’s assets.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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ID: 202602240700PRIMZONEFULLFEED9659424) on February 24, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210149790.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260224:nNDL6dySKt:1","article_id":"2613771591","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613771591","pubTimestamp":1771934629,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Beam Therapeutics Inc. entered a $500 million senior secured credit facility with Sixth Street to support the potential launch of its sickle cell disease therapy risto-cel. 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The facility includes $100 million funded at closing, up to $300 million available upon specified clinical, regulatory and commercial milestones, and an additional $100 million available at Beam’s option subject to mutual agreement. The seven-year facility matures in early 2033, carries an interest rate of about 10% based on current SOFR projections, has no scheduled amortization, and is secured by first-priority liens on substantially all of Beam’s assets.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beam Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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