Autolus enters up to USD 250 million senior secured notes facility with Perceptive Credit Holdings V
AUTL•Perceptive credit facility and initial draw
Autolus entered a Perceptive senior secured notes facility for up to USD 250 million, issuing USD 75 million of Tranche 1 Notes on July 30, 2026.
- The facility allows up to USD 175 million more across three tranches, including USD 25 million available through Jan. 30, 2027.
- It matures on July 30, 2031; interest is 6.75%-7.25% margin over the greater of 1-month term SOFR or 3.5%.
- There is no scheduled principal amortization before maturity; early redemption is allowed with a 1%-8% premium.
- The notes are secured by a first-priority lien on substantially all assets and include minimum liquidity and consolidated net revenue covenants.
