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Codexis Secures $60 Million Term Loan Facility With Trinity Capital

PUBT·11/10/2026 11:01:16
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Codexis Secures $60 Million Term Loan Facility With Trinity Capital
  • Codexis entered into a $60 million senior secured term loan agreement with Trinity Capital.
  • First-tranche proceeds retired debt held by Innovatus Life Sciences Lending Fund I, which would have begun amortizing in March 2027.
  • Total outstanding debt stood at $42.5 million following closing.
  • The facility provides 48 months of interest-only payments, followed by a 12-month amortization period beginning November 2030.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Codexis Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611100600PRIMZONEFULLFEED9874140) on November 10, 2026, and is solely responsible for the information contained therein.