The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
SWK Holdings Provides $25MM Loan Facility to Aziyo Biologics
Lenders/Participants
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SWK Holdings [Lender]
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Structure
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Term Loan
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Amount
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$25.000
Million
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Borrower(s)
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Aziyo Biologics
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Description
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The new credit facility provides for an initial term loan of $21 million that the Company intends to use to fund its ongoing commercial and product development initiatives, refinance its existing debt facilities, and to pay off all such other outstanding debt. In addition, the Company also has the option to draw under the new credit facility an additional term loan of $4 million, subject to the achievement of specified operational and financial metrics by September 30, 2023. The loan facility allows for the establishment of a new asset-based revolving loan facility of up to $8 million.
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Industry
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Medical
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Related Tags |
Aziyo Biologics, SWK Holdings
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ABL Advisor
Deal Tables
2025
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