Alvotech just announced that it has successfully raised USD 300 million through a private bond offering. CSLA acted as sole placement agent for the transaction, with Morgan Stanley as a lead investor and Arctica Finance as a financial advisor for Alvotech.
The bonds issued are structured as pre-IPO convertible bonds and therefore have features that will allow them to convert into common shares of the company upon public listing.
For more info see: http://www.alvotech.com/newsroom/read/alvotech-completes-us-300m-financing-deal
