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Monday, Sep 16
Alphatec inks expanded $73M credit facility
- Alphatec (ATEC -1.5%) secures an expanded $73M credit agreement from MidCap Financial. The revised facility consists of a $33M term loan due in 2016 and a $40M revolver.
- The company will use the funds for "ongoing operational and commercial activities" and as "additional capacity for future accretive transactions."