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Prospect News home > News index > List of issuers O > Headlines for OrthoPediatrics Corp. > News item
Published on 1/6/2020 in the Prospect News Private Placement Daily.

OrthoPediatrics pays term note B in full using divestiture, revolver

By Devika Patel

Knoxville, Tenn., Jan. 6 – OrthoPediatrics Corp. paid down $25 million under its term note B with Squadron Capital using funds from a divestiture, according to a press release.

The remaining $5 million of principal was repaid in full on Dec. 31, 2019 with funds received from the company’s revolving credit facility with Squadron Capital.

The pediatric orthopedic medical device company is based in Warsaw, Ind.


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