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SELECTED TRANSACTION DETAILS
CRG Provides Up to $30MM Debt Financing to NavaDerm
Wednesday, May 26, 2021

Lenders/Participants CRG [Lender]
Structure Debt Facility
Amount $30.000 Million
Borrower(s) NavaDerm Partners
Description Through the transaction with CRG, NavaDerm will initially access $20 million of debt and the proceeds will be used to retire existing debt and provide capital for immediate growth opportunities. The company has the option to draw a further $10 million at its discretion and upon achieving certain milestones in 2021 and 2022.
Industry Healthcare
Related Tags CrG