SI-BONE refinances facility with new $40 million five-year term loan

By Devika Patel

Knoxville, Tenn., June 1 – SI-BONE, Inc. has refinanced its existing credit facility with a new $40 million five-year term loan through Solar Capital Partners, according to a press release.

The loan bears interest at 9.4% plus the greater of the one-month Libor and 33 basis points.

Based in Santa Clara, Calif., SI-BONE has developed a minimally invasive surgical treatment for sacroiliac joint disorders.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.