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Mohawk Group Closes Previously Announced Debt Refinancing

MidCap Agents $175MM Financing Transaction for Radius Health - News

(Separate multiple addresses with a comma) Your Email Address Your Message (optional) MidCap Agents $175MM Financing Transaction for Radius Health March 04, 2021, 08:05 AM Radius Health announced that the Company has entered into amended and restated credit facilities in the aggregate principal amount of $175 million, consisting of a $150 million term loan, which includes a cashless conversion of $25 million in existing term loans, and a $25 million revolving credit facility. The amended and restated credit facilities also provide for an additional $25 million term loan at the lenders’ discretion. The transaction represents a significant upsize from the Company’s prior senior $95 million loan facilities, which consisted of a $55 million term loan ($25 million of which had been drawn) and a $20 million revolving credit facility that also included an additional $20 million of potential incremental availability. The amended and restated loan is expected