dat bedoel ik niet,
het gaat hierom
IRVINE, CA, USA – May 30, 2007 – IsoTis, Inc. (NASDAQ: ISOT), the orthobiologics company, today announced it has secured a $20 Million credit facility with Merrill Lynch Capital, a division of Merrill Lynch Business Financial Services Inc., and Silicon Valley Bank.
The three-year $20 million credit facility has two components: a $10 million term loan and a $10 million revolving line of credit. This credit facility expands on and replaces the $5 million credit facility IsoTis closed on in June 2006 with Silicon Valley Bank. The $10 million term loan will be repaid in equal monthly installments over 30 months, beginning on January 1, 2008. The Company would be required to prepay $7.5 million of the term loan on September 1, 2007 if it fails to raise a threshold amount of additional capital by August 31, 2007.