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Orthofix Medical Inc. Secures $275 Million Senior-Secured Term Loan Agreement

Nov 07, 2024•over 1 year ago

Contract Type

agreement

LewisvilleBiotechnologyHealth Care

Description

Orthofix Medical Inc. has announced the entry into a new credit agreement providing the company with up to $275 million in a senior-secured term loan with a 48-month interest only period. This loan, provided by Oxford Finance LLC, offers non-dilutive capital and financial flexibility to support Orthofix’s continued focus on profitable growth.

Company Information

Company

Orthofix Medical

Location

Lewisville, Texas, United States

About

Orthofix Medical Inc. is a leading global spine and orthopedics company with a comprehensive portfolio of biologics, innovative spinal hardware, bone growth therapies, specialized orthopedic solutions

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Strategic

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months