Small Bone Gets $43M In Credit From New Health Capital

Law360, New York (December 7, 2011, 5:27 PM EST) -- New Health Capital Partners LLC has set up Small Bone Innovations Inc. with a $43 million credit facility that will allow the orthopedics company to ramp up sales of its total ankle replacement technology and refinance debt, Small Bone said Wednesday.

New York-based Small Bone said the money comes in the form of a senior, secured credit facility led by New Health Capital Partners Fund I LP.

The investment will be directed toward a buildup of its sales team, according to Small Bone CEO Anthony G....
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