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Kreos Capital Provides $12MM Refinance Credit Facility to Motus GI
Monday, July 26, 2021

Lenders/Participants Kreos Capital VI LP [Lender]
Structure Term Loan
Amount $12.000 Million
Borrower(s) Motus GI Holdings
Description Company refinanced its debt and expanded its long-term credit facility by securing a new loan agreement with Kreos Capital VI LP for up to $12.0 million, which replaces the previous term loan agreement with Silicon Valley Bank and removes the existing $10.0 million minimum cash balance liquidity covenant. Transaction details not disclosed.
Industry Medical

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