Tag: pricing

SAN JOSE, Calif., June 08, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today provided an update regarding its $995 million term loan credit facility (the “Term Loan”). On June 5, 2026, S&P Global Ratings upgraded the Company’s issuer credit rating to BB- from B+, with a positive outlook. As previously disclosed on May 28, 2026, the Company recently entered into an amendment of its credit agreement, providing for a 25 basis point decrease in pricing, with an additional 25 basis point reduction at the time of a ratings upgrade by either major agency. As a result of the credit rating upgrade, pricing on the Term Loan has now declined to Secured Overnight Financing Rate (“SOFR”) plus 1.75%.

Basel, June 8th, 2026 – Novartis will present data from 10 abstracts at the European Academy of Allergy and Clinical Immunology (EAACI) Congress 2026, spanning Rhapsido^®  (remibrutinib) clinical trial results and real-world evidence on patient burden and treatment experience. Highlights include two late-breaking oral presentations; the Phase III RemIND trial for Rhapsido in chronic inducible urticaria (CIndU) and extension data from the Phase IIIb REMIXED trial in chronic spontaneous urticaria (CSU).

“The Rhapsido presentations at EAACI 2026 expand our understanding of BTK inhibition across multiple immune-mediated diseases and provide evidence of its potential to make a meaningful impact for patients who continue to face significant burden and limited treatment options,” said Angelika Jahreis, Global Head, Immunology Development, Novartis. “Novartis will present Rhapsido data from a long-term extension trial in chronic spontaneous urticaria, Phase III data in three types of chronic inducible urticaria, and early Phase II dose-response analysis for food allergy – together providing scientific evidence for its impact across numerous diseases.”

Abstracts accepted by EAACI include: 

An independent, research-informed evaluation of the Her Bodhi botanical formula — examining its ingredient benefits, weight loss positioning, menopause wellness support, disclosed side effects, and publicly available consumer feedback.