Business NewsMarketWire • Royalty Pharma Raises $600 Million of Debt

Royalty Pharma Raises $600 Million of Debt

Royalty Pharma Raises $600 Million of Debt

NEW YORK, NY--(Marketwire - May 24, 2012) - Royalty Pharma, the industry leader in acquiring royalty interests in marketed and late stage biopharmaceutical products, announced that it has successfully issued $600 million of incremental Term Loan B debt through RPI Finance Trust ("RPIFT"), bringing total debt outstanding at RPIFT to approximately $3.4 billion. Proceeds will be used to fund future acquisitions.

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