Hansen Medical gets more favorable terms on debt agreement

|About: Hansen Medical, Inc. (HNSN)|By:, SA News Editor

Hansen Medical (HNSN +0.6%) announces the closing of an amended $33M debt facility.

The senior secured agreement now excludes intellectual property from the collateral pool and calls for the reduction of up-front fees and early repayment fees.

The facility is interest-only (quarterly basis) with the principal due on December 30, 2017. (PR)