Wingspire Capital provided a $50 million senior secured credit facility to Accuray Incorporated, that includes a $20 million revolver and a $30 million term loan, with proceeds being used to replace a previous debt facility and for general corporate purposes. The financing was part of a convertible note exchange and refinancing of a $150 million term loan facility by global asset manager TCW Asset Management Company LLC that was announced on June 6.

Accuray invents market-changing solutions, including the CyberKnife® and Radixact® platforms, that are designed to deliver radiation treatments for even the most complex cases, while making commonly treatable cases even easier. The company’s technology helps to provide better accuracy, flexibility and control, and fewer treatments with shorter treatment times, enabling clinical teams around the world to offer oncology and neuro-radiosurgery treatments that help patients get back to living their lives, faster. The Madison, Wisconsin-based company has more than 1,000 systems installed in more than 60 countries.

“We are pleased to provide a tailored capital solution that meets Accuray’s needs and empowers the leadership team to pursue and achieve their strategic goals in a competitive global marketplace,” said David Turco, Managing Director at Wingspire Capital.