SI-BONE announces $40M debt re-financing


SI-BONE (SIBN +5.9%) re-finances its existing credit facility of $40M.

New 5-year term loan bears interest of 9.73%, payable monthly in arrears; the new loan has a 60 month term, with an interest-only period of 36 months, and 24 months of straight-line amortization.

The new facility was provided through Solar Capital Partners, and Armentum Partners served as financial advisor to SI-BONE on the transaction.





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