Fri 11/12/2021 16:28 PM
Femur Buyer, dba Orchid Orthopedic Solutions, recently secured an amendment to its revolving credit facility and upsized the facility by $70 million to $170 million, according to sources. Jefferies was the administrative agent.
The company is using the proceeds to pay down borrowings on the original $100 million revolver and add $30 million of liquidity, which is earmarked for general corporate purposes, the sources said. The $100 million revolver was $72 million drawn at the end of the
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