Brief: Profound Medical Announces Term Loan Agreement With CIBC Innovation Banking

Profound Medical

31/07/2018 13:49

July 31 (Reuters) - Profound Medical Corp  PRN.TO :
    * PROFOUND MEDICAL ANNOUNCES TERM LOAN AGREEMENT WITH CIBC
INNOVATION BANKING
    * PROFOUND MEDICAL CORP -  TERM LOAN AGREEMENT PROVIDES
PROFOUND
WITH UP TO $18.75 MILLION OF AVAILABLE BORROWING CAPACITY
    * PROFOUND MEDICAL - TO USE PROCEEDS TO REPAY ITS CURRENT
DEBT,
INCLUDING REMAINING BALANCE UNDER ITS APRIL 2015 LOAN AGREEMENT
WITH KNIGHT THERAPEUTICS

Source text for Eikon:  ID:nGNX9DDCN7 
Further company coverage:  PRN.TO 

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