NasdaqGS:KMTSMedical Equipment
Kestra Medical Technologies (KMTS) Secures $200 Million Debt Facility Without New Equity
Kestra Medical Technologies (NasdaqGS:KMTS) arranged a $200 million non-dilutive five year term loan facility.
The financing includes new lending partnerships with BPCR Limited Partnership and BioPharma Credit Investments V.
The company refinanced and retired existing debt as part of the transaction, while maintaining a solid cash position.
Kestra Medical Technologies enters this financing with a mixed recent share price record. The stock is up 27.3% over the past year, while down 13.8%...