- Capital Royalty L.P. loans NanoString Techologies (NSTG -4.1%) up to $45M. The initial tranche of $20M will be used to retire existing loans. The company may borrow another $10M within six months. The $30M loan's maturity date is March 31, 2020 at a fixed interest rate of 12.5%.
- The remaining $15M will be available, at NSTG's option, through May 2015 contingent on certain borrowing conditions and the company delivering at least $40M in sales in the year prior to the measurement date.
NanoString Technologies Introduces nCounter Elements(TM) Reagents to Support Needs of Translational Research and Clinical Laboratory Testing
at CNBC.com (Jul 29, 2013)