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Alimera Sciences, Inc. (ALIM) Message Board

  • alexalekhine alexalekhine Oct 14, 2010 9:42 PM Flag

    ALIM Obtains $32.5 million Credit Line

    I guess maybe they won;t do a secondary offering afterall......

    16:30 ALIM Alimera Sciences secures $32.5 mln credit facility (10.99 +0.42)

    Co announces that it has obtained a $32.5 mln senior secured credit facility to help fund its working capital requirements. The credit facility consists of a $20 mln revolving line of credit provided by Silicon Valley Bank and a $12.5 mln term loan provided by MidCap Financial, LLC and Silicon Valley Bank.

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