- 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."
Alphatec inks expanded $73M credit facility
Sep 16 2013, 16:17 ET