CRIS, Curis (formerly CBMI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : CRIS, Curis (formerly CBMI)

CRIS 1.430

+10.9%

Nov 6 3:57 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bob zagorin who wrote (550)	6/16/2005 12:28:01 PM
From: Jim Oravetz	of 668

Curis Inc Signs Pact For Loan Of Up To $1.45M DOW JONES NEWSWIRES June 15, 2005 3:40 p.m. WASHINGTON (Dow Jones)--Curis Inc. (CRIS) said Wednesday that it signed a credit agreement to finance up to $1.45 million in purchases of equipment and facility leasehold improvements from June 9 to Dec. 9. In a filing with the Securities and Exchange Commission, the therapeutic drug development company said it will pay interest on any borrowings on a monthly basis in arrears until Dec. 9. On Dec. 9, the company will convert the then outstanding balance into a 36-month term note that bears interest at either a variable rate or a fixed rate for the repayment period. Curis said it issued to lender Boston Private Bank & Trust Co. a secured nonrevolving note in the principal amount of $1.45 million as evidence of the loan.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next