ADMA Biologics (ADMA) announced it has repaid $30M from its original $62.5M senior secured term loan facility with Ares Capital. Following the partial paydown, ADMA has further reduced its total gross debt to $75M, comprised of its $42.5M revolving credit facility and $32.5M now outstanding under its term loan credit facility. The partial paydown was funded by utilizing cash on hand.
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