SVB Provides $20MM Facility to XOMA

XOMA entered into a flexible $20 million credit facility with Silicon Valley Bank, with availability through March 2019.

BMO Agents $230MM Extreme Networks Facility

Bank of Montreal acted as administrative and collateral agent on a credit agreement – consisting of a $40 million five-year revolving credit facility and a $190 million five-year term loan – with Extreme Networks.

SVB Closes $75MM Facility for 10x Genomics

Silicon Valley Bank closed a new $75 million credit facility for 10x Genomics.

SVB Provides $8MM Growth Capital to Perfect Sense

Silicon Valley Bank provided a new credit facility and term loan agreement to Perfect Sense. The financing will provide up to $8 million in growth capital to accommodate projected growth and product innovation.

SVB Hires Three for Energy & Resource Innovation

Silicon Valley Bank expanded its Energy and Resource Innovation practice by hiring Kerri L. Fox, Karin Logan and Tai Pimputkar.

SVB Provides $20MM Credit Facility to Axonics

Axonics Modulation Technologies completed a $40.1 million financing that included a $20 million credit facility provided by Silicon Valley Bank.

Silicon Valley Provides $50MM Facility to Achaogen

Achaogen, a biopharmaceutical company, entered into a new secured credit facility with Silicon Valley Bank that provides up to $50 million of capital.

Regions Upsizes Ebix Facility to $650MM

Ebix expanded its existing credit facility from $450 million to $650 million to assist in funding its growth. Regions Bank served as administrative agent for the transaction.

Oxford, SVB Provide $45MM for Nuvectra

Nuvectra, a neurostimulation medical device company, reached an agreement with Silicon Valley Bank and Oxford Finance, the lenders of its existing credit facility, to secure a second amendment to the company’s loan and security agreement for $45 million.

SVB Provides $3.5MM Facility to Trakopolis

Trakopolis entered into a new $3.5 million secured credit facility with Silicon Valley Bank. The credit facility consists of a $1.5 million 36-month term loan and an up to $2 million accounts receivable line of credit.