Brief: Motus GI Secures Expanded $12 Mln Credit Financing
21/07/2021 13:50
July 21 (Reuters) - Motus GI Holdings Inc MOTS.O :
* MOTUS GI SECURES EXPANDED $12M CREDIT FINANCING TO SUPPORT
GROWTH STRATEGY
* MOTUS GI HOLDINGS INC - SUCCESSFULLY REFINANCED DEBT AND
EXPANDED LONG-TERM CREDIT FACILITY BY SECURING A NEW LOAN
AGREEMENT WITH KREOS CAPITAL VI LP
* MOTUS GI HOLDINGS INC - INTENDS TO USE PROCEEDS OF CREDIT
FACILITY TO REFINANCE CO'S EXISTING INDEBTEDNESS IN AMOUNT OF
ABOUT $8.2 MILLION
Source text for Eikon: ID:nGNX9hjqJM
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