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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
SLR Capital Partners Provides $175MM in Senior Debt Financing with Treace Medical Concepts
Monday, December 22, 2025
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Lenders/Participants
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SLR Capital Partners [Lender]
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Structure
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$125MM Term Loans; $50MM Revolving Credit Facility
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Amount
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$175.000
Million
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Borrower(s)
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Treace Medical Concepts
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Description
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Five year $175 million senior secured loan arrangement with credit funds managed by SLR Capital Partners, consisting of $60 million in term loans funded at close, $65 million of additional term loan availability, and a $50 million revolving credit facility, each subject to certain conditions. Proceeds from the new term loan were used to prepay the Company’s $50 million term loan and $4 million drawn under its previously-existing revolving credit facility. he Company’s new loan arrangement includes a maturity date of five years for both the term loan and revolving credit facility. The annual interest rate is equal to the applicable SOFR1 subject to a floor of 3%, plus (1) 5.05% under the term loan and (2) 4% under the revolving loan. The term loan provides for 48 months of interest-only payments, which can be extended by 12 additional months. With the completion of this refinancing, the Company now has total liquidity, consisting of cash, cash equivalents, marketable securities, and unused availability under its new credit facility (subject to meeting certain conditions), of approximately $165 million.
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Industry
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Medical
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Location
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FL
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| Related Tags |
Medical, SLR Capital Partners, Treace Medical Concepts
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ABL Advisor
Deal Tables
2025
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