scPharmaceuticals announces $100 Million Debt Financing Agreement with Oaktree

(24/7 MARKET NEWS)– scPharmaceuticals Inc. (Nasdaq: SCPH) announced this morning that it entered into a binding term sheet for a $100 million secured debt facility managed by Oaktree Capital Management, with funds to be used to facilitate U.S. commercial launch of FUROSCIX(R).

scPharmaceuticals is at $4.70, down $0.28 (-5.62%), on 2 million shares traded.

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