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Lannett Announces Fiscal 2021 Third-Quarter Financial Results

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PHILADELPHIA, May 5, 2021 /PRNewswire/ Lannett Company, Inc. (NYSE: LCI) today reported financial results for its fiscal 2021 third quarter ended March 31, 2021.
In recent months, we have significantly advanced a number of strategic initiatives, said Tim Crew, chief executive officer of Lannett. In April, we successfully completed a transaction to refinance our debt, using the proceeds to retire the outstanding Term Loan B balance of approximately $540 million that was set to mature in November of next year. As a result, we have extended the maturity of our debt to 2026 from 2022, which is after several high-value pipeline assets are expected to be commercialized. Moreover, we improved our free cash flow, by approximately $50 million in the first year alone, which we plan to use, in part, to support our growth initiatives. ....

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Lannett To Report Fiscal 2021 Third-Quarter Financial Results, Host Conference Call On Wednesday, May 5

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PHILADELPHIA, April 28, 2021 /PRNewswire/ Lannett Company, Inc. (NYSE: LCI) today announced that it will report financial results for its fiscal 2021 third quarter on Wednesday, May 5, 2021, after the market closes. Lannett management will host a conference call that same afternoon at 4:30 p.m. Eastern Time to review the company s performance and answer questions.
The conference call will be available to interested parties by dialing 888-895-5479 from the U.S. or Canada, or 847-619-6250 from international locations, passcode 50156994. The call will be broadcast via the Internet at www.Lannett.com. Listeners are encouraged to visit the website at least 10 minutes prior to the start of the scheduled presentation to register, download and install any necessary audio software. A playback of the call will be archived and accessible on the same website for at least three months. ....

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Lannett Announces Closing Of $350 Million Senior Secured Notes And $190 Million Second Lien Senior Secured Loan Facility

Lannett Announces Closing Of $350 Million Senior Secured Notes And $190 Million Second Lien Senior Secured Loan Facility
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Lannett Announces Closing Of $350 Million Senior Secured Notes And $190 Million Second Lien Senior Secured Loan Facility

Lannett Announces Closing Of $350 Million Senior Secured Notes And $190 Million Second Lien Senior Secured Loan Facility
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Lannett Announces Pricing Of $350 Million Senior Secured Notes Due 2026

Lannett Announces Pricing Of $350 Million Senior Secured Notes Due 2026
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PHILADELPHIA, April 9, 2021 /PRNewswire/ Lannett Company, Inc. (NYSE: LCI) (the Company or Lannett ) today announced the pricing of the $350 million aggregate principal amount of 7.75% senior secured notes due 2026 (the Notes ) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act ) and outside the United States to persons other than U.S. persons in reliance upon Regulation S under the Securities Act. The sale of the Notes to the initial purchasers is expected to settle on April 22, 2021, subject to customary closing conditions. ....

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