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Akin Advises Pharmakon Advisors in its $400 Million Debt Financing for Novocure

May 7, 2024

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(New York) – Akin advised Pharmakon Advisors LP in its new five-year up to $400 million committed senior secured credit facility for Novocure. The committed capital will be available for Novocure in four tranches of $100 million.

The Akin team was led by tax partner Geoffrey Secol and included tax partner David Snyder; health care & life sciences partner Nate Brown; and international trade partner Nnedinma Ifudu Nweke; senior counsel Jo-Ellyn Klein; counsel Sudhana Bajracharya and Ekaterina Lyashenko; and associates Cameron Jones, Joseph Lordi, Jenna Becker, Caroline Kessler and Angela Sbano.

Additional details on the transaction can be found here.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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