Apollo endosurgery announces new $100 million senior secured term loan facility from innovatus capital partners, llc

$35 million funded at close to refinance existing debt, extend maturity and lower interest expense additional borrowing capacity provides minimally dilutive growth capital and strategic flexibility austin, tx / accesswire / december 21, 2021 / apollo endosurgery, inc. ("apollo") (nasdaq:apen), a global leader in less invasive medical devices for gastrointestinal and bariatric procedures, today announced that it has entered into a debt financing agreement with an affiliate of innovatus capital partners, llc ("innovatus") to provide apollo with up to $100 million in term loan financing. "we are pleased to partner with a long-term strategic investor such as innovatus in this transaction," said chas mckhann, president and ceo.
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