The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Kreos Capital Provides $12MM Refinance Credit Facility to Motus GI
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
|
ABL Advisor
Deal Tables
2024
|
|
|
|