Orthofix paid down $5.9 million under senior secured loan in quarter

By Jennifer Chiou

New York, July 29 - Orthofix International NV repaid $5.9 million against the principal of its senior secured term loan during the second quarter, according to a 10-Q filing with the Securities and Exchange Commission.

The company repaid $3.8 million during the second quarter of last year.

In total for the six months ended June 30, the company paid down $25.7 million under the term loan, compared to $16.6 million during the same period in 2009.

Orthofix is a Curacao, Netherlands Antilles-based medical device company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.