East West Bank Provides NTN Buzztime Revolver
NTN Buzztime closed a revolver with East West Bank consisting of up to $7.5 million of borrowing capacity with a $2.5 million accordion feature to provide up to $10 million in total borrowing capacity.
NTN Buzztime closed a revolver with East West Bank consisting of up to $7.5 million of borrowing capacity with a $2.5 million accordion feature to provide up to $10 million in total borrowing capacity.
CareDx entered into a secured facility for an aggregate $20 million, issuable in two tranches, with East West Bank.
USGI Medical closed more than $19.5 million in financing. GE Capital, Healthcare Financial Services agented the senior secured debt facility with East West Bank participating as a syndicate partner.
NephroGenex closed a $12 million term loan with East West Bank. Funds will be utilized for working capital purposes, including the advancement of the company’s clinical development programs.
Applied Optoelectronics announced it entered into a credit agreement with East West Bank to expand its borrowing capacity to $15 million to fund general working capital and manufacturing expansion needs.
North Mill Equipment Finance entered into a $30 million senior loan facility with East West Bank. The new facility adds to the company’s existing $50 million facility and will enable North Mill to expand its business of originating small-ticket equipment leases.
Black Lotus announced it has secured an initial debt facility of $6.0 million from East West Bank to accelerate its global expansion initiatives.