Alphatec enters new $300 million syndicated credit facility led by JPMorgan, TD Securities

PUBT·05/05/2026 20:15:21

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Alphatec entered new syndicated credit facility led by JPMorgan Chase Bank, N.A. and TD Securities, comprising USD 125 million revolving credit facility and USD 175 million Term Loan A.
Facility refinances existing debt, extends maturities to 2031, simplifies capital structure, reduces borrowing costs.
Pricing set at SOFR + 275 basis points at close; interest expense expected to fall by more than USD 6 million annually.
Company estimated potential savings of more than USD 35 million over life of facility.
Agreement includes USD 150 million accordion feature for incremental borrowing capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alphatec Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605051605BIZWIRE_USPR_____20260505_BW518290) on May 05, 2026, and is solely responsible for the information contained therein.

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