Neuronetics amends Perceptive credit agreement to ease revenue covenants, subject to conditions
STIM•Neuronetics amended its credit agreement with Perceptive Credit Holdings IV on Nov. 5, conditionally reducing revenue covenants if it prepays at least $15 million and satisfies other conditions by Nov. 30, 2026.
1. Amendment conditions
The amendment conditionally reduces revenue covenants under Neuronetics’ Credit Agreement and Guaranty with Perceptive Credit Holdings IV. It requires prepayment of at least $15 million, accrued unpaid interest, applicable fees and lender costs; the amendment automatically terminates unless the conditions are satisfied or waived by Nov. 30, 2026.
