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BRIEF-Invuity draws $10 million in second tranche of term loan
September 27, 2017 / 12:14 PM / in a month

BRIEF-Invuity draws $10 million in second tranche of term loan

Sept 27 (Reuters) - Invuity Inc

* Invuity draws $10 million second tranche of term loan

* Invuity Inc - has drawn $10 million in additional borrowings under an amended debt agreement with midcap financial

* Invuity Inc - midcap facility consists of a $30 million term loan divided in two tranches

* Invuity Inc - midcap facility also consists of a $10 million revolving credit facility (revolver) of which $3.5 million was drawn down as of June 30, 2017

* Invuity Inc - revolver may be increased to $20 million at a later date at company’s request and with approval from midcap Source text for Eikon: Further company coverage:

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