 PHILADELPHIA, April 22, 2021 PRNewswire -- Lannett Company, Inc. NYSE: LCI today announced the closing of the 350 million aggregate principal amount of 7.750 senior secured notes due 2026 the Notes in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended the Securities Act and outside the United States to persons other than U.S. persons in reliance upon Regulation S under the Securities Act. The Company also closed on a 190 million second lien senior secured loan facility due 2026 the Second Lien Facility and amended its asset-based revolving credit facility the Amended ABL Credit Facility, increasing the size to 45 million from 30 million and extending the maturity to 2026 from 2022. 