SeaSpine amends $30M credit facility

Jul. 19, 2022 4:09 PM ETSeaSpine Holdings Corporation (SPNE)By: Jessica Kuruthukulangara, SA News Editor
  • SeaSpine (NASDAQ:SPNE) said Tuesday it amended its credit facility to extend its maturity date to Jul. 27, 2025 from Jul. 27, 2022.
  • SPNE also has the option to increase the existing $30M borrowing limit by up to an additional $10M.
  • "The additional liquidity provided by this facility will directly support new product launches across all portfolios," said SPNE COO and CFO John Bostjancic.

Recommended For You

Comments

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.