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BioHorizons, a Leading Dental Implant Manufacturer, Announces $50 Million Credit Facility BY EDITOR, JULY 29, 2011
BioHorizons, Inc. today announced that it has closed on a five year $50 million subordinated secured credit facility provided by funds affiliated with Deerfield Management and Piper Jaffray & Co. Proceeds will be used to fully repay an outstanding convertible note held by HealthpointCapital Partners II, LP and for general corporate purposes.
Deerfield Management is a leading healthcare investment organization. Piper Jaffray & Co. served as exclusive private placement agent to BioHorizons on this transaction.