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MidCap Financial Provides $70MM Credit Facility for Paragon 28

May 18, 2021, 08:00 AM
Filed Under: Medical
Related: MidCap Financial

Paragon 28 entered into a credit facility with MidCap Financial providing Paragon 28 access up to $70 million in total credit.

"We are very pleased with this new credit facility and our relationship with MidCap, providing Paragon 28 access to flexible and cost-effective growth capital, which will further enable the Company to invest in strategic growth initiatives to improve foot and ankle patient outcomes," said Albert DaCosta, Co-Founder and Chief Executive Officer, Paragon 28.

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