ACF Finco, Ares Agent $120MM ABL Financing for Teligent

Pharmaceutical company Teligent entered into a new senior-secured asset-based first lien revolver with ACF Finco I as administrative agent and a definitive second lien credit agreement with Ares Capital as administrative agent.

Highbridge Closes $25MM Term Loan for Teligent

Teligent entered into a credit agreement with Highbridge Capital Management, an existing stakeholder.