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OrthoPediatrics pays term note B in full using divestiture, revolver
By Devika Patel
Knoxville, Tenn., Jan. 6 – OrthoPediatrics Corp. paid down $25 million under its term note B with Squadron Capital using funds from a divestiture, according to a press release.
The remaining $5 million of principal was repaid in full on Dec. 31, 2019 with funds received from the company’s revolving credit facility with Squadron Capital.
The pediatric orthopedic medical device company is based in Warsaw, Ind.
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