Invacare draws down $18.5 million under loan agreement

By Wendy Van Sickle

Columbus, Ohio, Oct. 3 – Invacare Corp. drew down $18.5 million of term loans under its credit agreement with certain funds managed by Highbridge Capital Management LLC, according to a news release.

Additional commitments of $19.5 million are available under the loan agreement.

Invacare is an Elyria, Ohio-based medical equipment manufacturer.

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