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Cases & Deals

December 12, 2022

Highbridge Capital Management Closes $25 million Senior Secured Exchangeable Term Loan with Gamida Cell

King & Spalding advised certain funds managed by Highbridge Capital Management, LLC in closing a $25,000,000 senior secured exchangeable term loan with Gamida Cell, Inc. as borrower, Gamida Cell Ltd., as guarantor, and Wilmington Savings Fund Society, FSB, as Administrative Agent and Collateral Agent. This investment follows a $75,000,000 exchangeable bond investment that Highbridge previously provided to Gamida Cell. 

A press release announcing the transaction can be found here.  

The King & Spalding deal team included Zach Cochran, Matt Warren, Sarah Castle, Ted Tuerk, Jay Kaganoff and Savannah Padgett.