Blueprint Medicines Corporation filed SEC Form 8-K: Other Events
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Item 8.01 Other Events.
As previously disclosed on June 30, 2022, Blueprint Medicines Corporation (the “Company”) entered into a Financing Agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Financing Agreement”), for up to $660.0 million, among the Company, certain subsidiaries of the Company, the other lenders from time to time party thereto (the “Lenders” and each a “Lender”) and Tao Talents, LLC, as the administrative agent for the Lenders. Tao Talents, LLC is an affiliate of Sixth Street.
On May 22, 2024, after exceeding the milestone from sales of AYVAKIT, at the Company’s request, the Lenders funded the Tranche B Delayed Draw Term Loan in the aggregate principal amount of $150.0 million.
The material terms and conditions of the Financing Agreement are summarized in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on June 30, 2022, and is incorporated into this Item 8.01 by reference. Such summary of the Financing Agreement is qualified in its entirety by reference to the complete text of the Financing Agreement, a copy of which was filed as Exhibit 10.3 to its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| BLUEPRINT MEDICINES CORPORATION | |
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Date: May 24, 2024 | By: | /s/ Kathryn Haviland |
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| Kathryn Haviland |
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| Chief Executive Officer |
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