Inventiva Repays EIB Loans and Issues €75 Million in New Convertible and Amortized Bonds

On June 12, 2026, Inventiva S.A. announced the completion of several key financial transactions to restructure its debt and strengthen its balance sheet. The company repaid in full its existing loans with the European Investment Bank (EIB), totaling approximately €62.2 million, and repurchased 2,266,023 EIB Tranche A warrants and 700,000 Tranche B warrants for €50 million. Concurrently, Inventiva issued the first two tranches of a new debt financing agreement with funds managed by BlackRock and Claret Capital Partners. This included €35 million in senior secured convertible bonds (Tranche A) and €40 million in senior secured amortized bonds (Tranche B), yielding net proceeds of approximately €71.3 million. The conversion price for the new bonds was set at €5.2893. Additionally, the company entered into an amendment to the subscription agreement to refine its minimum cash covenant testing procedures and establish a structured monthly testing mechanism based on market capitalization. These actions follow a recently closed $120 million equity offering, collectively extending the company's financial runway for the continued development of lanifibranor in MASH.