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0.0421200421200421 0.0421200421200421 0.0421200421200421 0.0375570375570376 0.0375570375570376 0.00105300105300109 0.102492102492102 0.0607230607230607
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Beam Therapeutics Announces $500 Million Strategic Financing Facility with Sixth Street

Beam Therapeutics Inc. (BEAM) 
Company Research Source: GlobeNewswire
$100 Million Funded at Close with up to an Additional $400 Million Available Under Facility with Seven-Year Term Financing Bolsters Balance Sheet with Long-term, Non-dilutive Capital to Support Anticipated Launch of Risto-cel in Sickle Cell Disease (SCD) CAMBRIGE, Mass., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM) today announced that it has entered into a strategic financing agreement with Sixth Street for substantial, long-term, non-dilutive capital to fund the potential launch of ristoglogene autogetemcel (risto-cel) in sickle cell disease (SCD). The $500 million senior secured credit facility includes $100 million funded at close; up to $300 million available upon the achievement of certain clinical, regulatory, and commercial milestones for risto-cel; and an additional $100 million available at Beam’s option, subject to mutual agreement between the parties, during the seven-year term of the agreement. “This strategic financing provides Beam with s Show less Read more
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