Sanuwave通过新的信贷安排对债务进行再融资

2025-09-26 22:46

Sanuwave Health (NASDAQ:SNWV) has announced the refinancing of its $27.5M debt facility with a $23.0M new secured credit facility from J.P. Morgan, 1.0M withdrawn from a two-year $5.0M revolving credit facility, and the remainder was repaid using cash accumulated from the company’s operations and from its sale of certain intravascular shockwave patents.
The $23.0M loan will amortize over a four-year period, and a two-year $5.0M receivables are backed by a revolving credit facility.
The new credit facility will have an interest rate of SOFR (Secured Overnight Financing Rate) +350bp and neither facility has any prepayment penalties.

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