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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Mountain Ridge Capital Provides $15MM Credit Facility to Owlet
Thursday, September 26, 2024
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Lenders/Participants
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Mountain Ridge Capital [Lender]
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Structure
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Credit Facility
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Amount
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$15.000
Million
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Borrower(s)
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Owlet, Inc.
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Description
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A three-year revolving credit facility of up to $15 million, increasing to up to $20 million on the first anniversary of closing. The transaction was part of a larger recapitalization effort that will afford Owlet greater operational and financial flexibility.
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Industry
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Healthcare
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Location
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UT
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| Related Tags |
Mountain Ridge Capital
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ABL Advisor
Deal Tables
2024
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