Navidea Biopharmaceuticals (NAVB) closes a $25M debt financing led by GE Capital (GE) and it...

|About: Navidea Biopharmaceuticals (NAVB)|By:, SA News Editor

Navidea Biopharmaceuticals (NAVB) closes a $25M debt financing led by GE Capital (GE) and it boosts its credit facility with Platinum-Montaur Life Sciences to over $53M from $8M. Montaur also forgives $4.8M of $8M debt that Navidea had taken out in return for exercising warrants for 7.7M series B shares. (PR)