Azenta receives early repayment of $35 million secured vendor loan - AZTA News | RalliesAzenta receives early repayment of $35 million secured vendor loan
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AZTA• Early repayment on B Medical Systems-related loan
- Azenta received full early repayment of a $35 million secured vendor loan tied to its sale of B Medical Systems.
- The term loan, extended by Azenta Germany to Thelema, was repaid with all accrued interest; the equity pledge was released.
- Cash proceeds from the divestiture now total $63 million, completing the transaction and eliminating related credit exposure.
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