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.

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