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Sanuwave Announces Strategic Debt Refinancing with New Credit Facility
Globenewswire·2025-09-26 11:00

Credit facility from J.P. Morgan consists of a four-year term loan of 23millionandatwoyear23 million and a two-year 5 million revolving credit facility backed by accounts receivable Both the term loan and revolver have an interest rate of SOFR +350bp The Company drew approximately 1millionfromtherevolveratcommencement,resultingintotaloutstandingdebtunderthenewfacilityofapproximately1 million from the revolver at commencement, resulting in total outstanding debt under the new facility of approximately 24 million. Company announces the repayment in full of NH Expansion debt facility with new credit facility from J.P. Morgan ...