PhaseBio Pharmaceuticals, Inc. – Seeks $5.9mn in New Money DIP Financing from JMB Capital Partners
October 23, 2022 – The Debtor requested Court authority to: (i) enter into debtor-in-possession (“DIP”) financing arrangements with prepetition lender JMB Capital Partners Lending, LLC ("JMB" or the “DIP Lender”) and (ii) access cash collateral [Docket No. 9, with the DIP Credit Agreement attached as Exhibit B]. The DIP financing is comprised of: (a) $5.9mn…