CAS Medical Systems, Inc. (CASM) Enters Into $6.0 Million Loan Agreement with East West Bank
8/2/2012 9:54:13 AM
BRANFORD, Conn., Aug. 2, 2012 (GLOBE NEWSWIRE) -- CAS Medical Systems, Inc. (Nasdaq:CASM)(CASMED) today announced that it has entered into a loan and security agreement with a total value of up to $6.0 million with East West Bank, a subsidiary of East West Bancorp. The financing is comprised of a $3.5 million three-year secured term loan and a $2.5 million revolving line of credit expiring in January 2014.
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