Ultrasound technology developer Misonix has entered into a credit security agreement with Wells Fargo Bank for a revolving note facility up to $8 million.
The new note will replace the Farmingdale, NY-based firm's existing $2 million revolving credit facility with Bank of America. Misonix said it would use the credit facility to pursue ultrasound medical device growth initiatives.
By AuntMinnie.com staff writers
January 4, 2007
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