Enzo Biochem (ENZ) Enters Into $8.0 Million Senior Secured Revolving Credit Facility With Healthcare Finance Group, LLC
6/11/2013 9:58:11 AM
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NEW YORK--(BUSINESS WIRE)--Enzo Biochem, Inc. (NYSE:ENZ) announced today that it has arranged an $8 million senior secured revolving line of credit that may be increased to $12 million with Healthcare Finance Group, LLC (HFG), of New York, New York, that may be utilized for working capital and growth purposes. The new secured revolving line of credit will provide for advances against eligible receivables, as defined, of the Clinical Labs and Life Sciences segments.
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