Babylon secures financing and plans to implement a take private transaction with support from albacore capital

Austin, texas & london--(business wire)--babylon holdings limited (nyse: bbln) (including its subsidiaries, “babylon”) is pleased to announce that it has entered into an amendment and restatement of its senior secured term loan facility with albacore capital llp and certain of its affiliates (“albacore”), dated march 9, 2023 (the “bridge facility agreement”), for up to an additional $34.5 million in funding (the “interim funding”). this investment demonstrates albacore's ongoing support to baby.
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