SWKH - SWK upsizes credit facility to up to $50M
- SWK ( NASDAQ: SWKH ) said Wednesday it amended its credit facility to increase it to $35M, with a $15M accordion feature that provides for expansion of the facility up to $50M.
- The facility will bear interest at a rate of SOFR plus 2.65% and will mature on Sept. 30, 2025.
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SWK upsizes credit facility to up to $50M