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    Home /  About /  News And Events /  Client Highlights
    Client Highlights

    S&C Advises Oaktree Capital in $225 Million Loan to Cancer Treatment Company

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    July 13, 2020
    Funds managed by S&C client Oaktree Capital Management provided a $225 million senior secured term loan to Athenex Inc., a global biopharmaceutical company dedicated to the discovery, development and commercialization of novel cancer treatments. In addition, Oaktree received warrants to purchase Athenex’s common stock. Athenex will use the funds to refinance its debt and fund the launch of new therapies.

    The S&C team was led by Ari Blaut, co-head of the Firm’s U.S. Credit & Leveraged Finance practice. Mehdi Ansari advised on intellectual property matters and Ron Creamer advised on tax matters. 
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    Mehdi Ansari Headshot Photo
    Mehdi Ansari
    New York
    +1-212-558-4000
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    Ari B. Blaut Headshot Photo
    Ari B. Blaut
    New York
    +1-212-558-1656
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