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Prospect News home > News index > List of issuers A > Headlines for Alphatec Holdings, Inc. > News item
Published on 4/27/2020 in the Prospect News Private Placement Daily.

Alphatec cancels $160 million secured debt financing with Perceptive

By Devika Patel

Knoxville, Tenn., April 27 – Alphatec Holdings, Inc. terminated its commitment letter for a $160 million secured debt financing with Perceptive Credit Holdings III, LP, according to a press release.

The company had planned to use funds from the loan to retire its credit facilities.

The loan was also supposed to finance the cash consideration for Alphatec’s planned acquisition of EOS Imaging, SA, which has also been canceled.

Alphatec is a Carlsbad, Calif.-based medical device company.


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