Avoin Pharmaceuticals

Avoin Pharmaceuticals

September 17, 2013 - Monroe Capital Provides $75 Million Senior Secured Credit Facility to Alora Pharmaceuticals, LLC

Monroe Capital LLC today announced the funding of a $75 million senior secured credit facility to support the growth of Alora Pharmaceuticals, LLC (ā€œAloraā€), the parent company of Avion Pharmaceuticals, LLC and Acella Pharmaceuticals, LLC.

Based in Alpharetta, Georgia, Alora develops and manufactures pharmaceuticals, includingĀ Ā Ā  prenatal vitamins, nutraceuticals, dermatologics and innovative products for gastroenterology and endocrinology disorders. Alora maintains a broad portfolio of both branded and non-branded products, focusing on identifying opportunities to acquire and enhance the market potential of commercially available dietary supplement products and late-stage development drugs to fulfill unmet medical and dietary needs. Aloraā€™s flagship product, PrenateĀ® is a leading brand name in the prescription prenatal vitamin market.

About Monroe Capital

Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. To learn more about Monroe Capital LLC, visit www.monroecap.com.