Mar. 9 at 4:50 PM
$ADMA Guess that puts the kibosh on any hopes of a DIVIDEND until they get rid of the JPM Credit Agreement.
"On August 5, 2025... we entered into a Credit Agreement ... with the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The JPM Credit Agreement provides for
$300 million of senior secured credit facilities, consisting of
(a) a term loan in the aggregate principal amount of
$75 million ... which was drawn in full on the JPM Closing Date, and
(b) a revolving credit facility in the aggregate principal amount of
$225 million
...
The JPM Term Loan Facility [and the JPM Revolving Facility have] a maturity date of August 5, 2028 ..."
