ATEC Refinances Existing Debt with Inaugural Bank Facility
Alphatec Holdings, Inc. has announced the establishment of a new credit facility, which includes a $125 million revolving credit facility and a $175 million Term Loan A. This is ATEC’s first syndicated bank facility, implying strong operational performance.
CARLSBAD, Calif.–(BUSINESS WIRE)–Alphatec Holdings, Inc. (Nasdaq: ATEC), a spine-focused provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced it has entered into a new credit facility, including a $125 million revolving credit facility and $175 million Term Loan A, led by JPMorgan Chase Bank, N.A. and TD Securities (USA) LLC. This transaction represents ATEC’s inaugural syndicated bank facility and reflects the Company’s strong operating