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....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.