Harrow raises $66M
Nashville-based Harrow Health has raised approximately $66 million through debt and preferred stock sales, padding the ophthalmic health care companyâs pockets for future growth initiatives. Company leaders earlier this week raised $10.7 million via the private sale of 440,000 preferred shares to B Riley Securities, a Los Angeles-based financial advisory firm that has locations in Nashville and Franklin. Harrow executives also added $5 million to a $50 million sale of senior debt due in 2026 with an interest rate of 8.625 percent. The funding will be used to fund future strategic pro...