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MannKind extends maturity date of $350 million amended promissory note
By Marisa Wong
Madison, Wis., Jan. 20 - MannKind Corp. extended the maturity date of its $350 million amended and restated promissory note made with the Mann Group LLC to March 31, 2013, according to an 8-K filed Friday with the Securities and Exchange Commission.
The date through which the company can borrow under the amended note was also extended to June 30, 2012.
The extensions were made on Jan. 16.
MannKind is a Valencia, Calif.-based biopharmaceutical company. Mann Group is an entity controlled by MannKind's chief executive officer and principal stockholder, Alfred E. Mann.
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