BRIEF-CTI Biopharma Corp Says Co Entered Into A Loan And Security Agreement​ (CTIC)

Nov 28 (Reuters) - CTI Biopharma Corp:

* CTI BIOPHARMA CORP - ‍ON NOVEMBER 28, 2017, CTI BIOPHARMA CORP ENTERED INTO A LOAN AND SECURITY AGREEMENT​

* CTI BIOPHARMA CORP - ‍PURSUANT TO AGREEMENT, LENDER HAS AGREED TO MAKE A SENIOR SECURED TERM LOAN OF UP TO $18 MILLION​

* CTI BIOPHARMA CORP - ‍FIRST $16 MILLION OF TERM LOAN WAS FUNDED ON NOVEMBER 28, 2017​ Source text: [http://bit.ly/2icN2SC] Further company coverage:

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