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AVNR > SEC Filings for AVNR > Form 8-K on 5-Jun-2012All Recent SEC Filings

Show all filings for AVANIR PHARMACEUTICALS, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for AVANIR PHARMACEUTICALS, INC.

5-Jun-2012

Creation of a Direct Financial Obligation or an Obligation under an


Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet

Arrangement of a Registrant.

Pursuant to the Loan and Security Agreement (the "Loan Agreement") Avanir Pharmaceuticals, Inc. (the "Company") entered into on May 7, 2012 with Oxford Finance LLC, as a lender and as collateral agent, and Silicon Valley Bank, as a lender, on June 4, 2012 the Company borrowed $30.0 million. The terms of payment of the $30.0 million, including the material terms under which such obligation may be accelerated or increased, as well as a description of the material terms of the Loan Agreement, are included in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 9, 2012.

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