Brief: OrthoPediatrics Corp Announces Acquisition of Boston Orthotics & Prosthetics

Orthopediatrics

08/01/2024 18:09

Jan 8 (Reuters) - OrthoPediatrics Corp  KIDS.O :
    * ORTHOPEDIATRICS CORP. ANNOUNCES ACQUISITION OF BOSTON
ORTHOTICS
& PROSTHETICS
    * ORTHOPEDIATRICS CORP - PROPOSED DEAL FOR $22 MILLION
    * ORTHOPEDIATRICS CORP - ENTERED INTO A NEW CREDIT AGREEMENT
WITH
MIDCAP FINANCIAL
    * ORTHOPEDIATRICS CORP - TERM LOAN PROVIDES UP TO $30
MILLION OF
CAPITAL AND REVOLVING LOAN PROVIDES UP TO AN ADDITIONAL $50
MILLION
    * ORTHOPEDIATRICS CORP - CREDIT AGREEMENT REPLACES
PREVIOUSLY
UNUSED $50 MILLION LINE OF CREDIT WITH SQUADRON CAPITAL

Source text for Eikon:  ID:nGNX92hFkv 
Further company coverage:  KIDS.O 

 ((Reuters.Briefs@thomsonreuters.com;))