This article has been disseminated on behalf of Knight Therapeutics Inc. and may include paid advertising.
Knight Therapeutics (TSX: GUD) announced that it has repaid all outstanding amounts under its revolving credit facility with National Bank of Canada and a syndicate of lenders. The company had drawn $60 million from the facility in June 2025 to help finance its acquisition of Paladin.
Knight said the repayment was funded through strong cash flow generated by its operations in Canada and Latin America. The revolving credit facility continues to provide borrowing capacity of up to US$100 million, with an additional US$100 million accordion feature available subject to certain conditions, supporting the company’s ongoing growth strategy across its pan-American pharmaceutical business.
To view the full press release, visit https://ibn.fm/8eluB
About Knight Therapeutics Inc.
Knight Therapeutics Inc., headquartered in Montreal, Canada, is a pharmaceutical company focused on acquiring or in-licensing and commercializing pharmaceutical products for Canada and Latin America. Knight’s Latin American subsidiaries operate under United Medical, Biotoscana Farma and Laboratorio LKM. Knight Therapeutics Inc.’s shares trade on the TSX under the symbol GUD.
For more information about the company, please visit www.knighttx.com
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