Monroe Capital Funds $75M Senior Secured Credit Facility to Pharmaceuticals Company

Monroe Capital has funded a $75 million senior secured credit facility to support the growth of Alora Pharmaceuticals, the parent company of Avion Pharmaceuticals and Acella Pharmaceuticals.

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Alora develops and manufactures pharmaceuticals, including prenatal vitamins, nutraceuticals, dermatologics and products for gastroenterology. Monroe Capital is a provider of senior and junior debt and equity co-investments to middle-market companies in the United States and Canada.

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