Staar gets $3 million credit facility

By Lisa Kerner

Charlotte, N.C., June 14 - Staar Surgical Co. closed on a $3 million credit facility, according to a company news release.

Wells Fargo Bank NA, through its Wells Fargo Business Credit Division, led the deal.

The facility consists of a three-year, secured $3 million term load with an interest rate of Prime plus 150 basis points.

Staar, based in Monrovia, Calif., develops minimally invasive ophthalmic products.

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