Akin Advises Pharmakon Advisors in $200 Million Term Loan Facility for Kestra Medical Technologies

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(New York) – Akin advised Pharmakon Advisors, LP, a leading investor in non-dilutive debt for the life sciences industry, and the BioPharma Credit funds in connection with an up to $200 million five-year term loan facility to Kestra Medical Technologies, Ltd., a leading wearable medical device and digital healthcare company, with the first tranche of $75 million funded at closing.
The Akin team was led by tax partner Geoffrey Secol and included fellow tax partners Stuart Leblang, David Snyder and Ryan Katz, senior counsel Miriam Foley and associates Joshua Elkouby and John Kwack; international trade partner Nnedinma Ifudu Nweke; health care & life sciences partner Nate Brown, senior counsel Jo‑Ellyn Klein and associate Jenna Becker; and corporate associates Casey Braden and Yossi Abadi.
For additional information on the transaction, please click here.
Akin is a leading international law firm with more than 1,100 lawyers in offices throughout the United States, Europe, and the Middle East.
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