பிரதான தெரு ப்ரையாரிடீ கடன் வசதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from பிரதான தெரு ப்ரையாரிடீ கடன் வசதி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In பிரதான தெரு ப்ரையாரிடீ கடன் வசதி Today - Breaking & Trending Today

Venus Concept Announces Debt Refinancing


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Venus Concept Announces Debt Refinancing
Venus Concept Inc.December 10, 2020 GMT
TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, announced today that it has amended its existing revolving credit facility with City National Bank of Florida (“CNB”) and successfully refinanced its long-term debt obligations. Specifically, the Company secured a new loan with CNB in the aggregate amount of $50.0 million as part of the Main Street Priority Loan Facility established by the Board of Governors of the Federal Reserve System Section 13(3) of the Federal Reserve Act. The loan has a term of five years and bears interest at an annual rate of LIBOR plus 3%. A portion of the proceeds were used to pay down $3.2 million of the Company’s revolving line of credit with CNB. ....

United States , Venus Fiore , Venus Viva , Venus Epileve , Madryn Health Partners , Exchange Commission On , Madryn Health Partners Cayman Master , City National Bank , Company Current Report On Form , Venus Concept Inc , Main Street Priority Loan Facility , Federal Reserve System Section , Federal Reserve , Cayman Master , Venus Concept , Domenic Della Penna , Chief Financial Officer , Current Report , Exchange Commission , North America , Venus Versa , Venus Legacy , Venus Velocity , Venus Freeze Plus , Venus Heal , Venus Glow ,