NAS gets loan extension

AuntMinnie.com staff writers
Oct 4, 2007

Radiation therapy firm North American Scientific (NAS) announced that it has received a loan extension from Silicon Valley Bank.

The amended loan includes an extended maturity date to November 9, 2007; a forbearance by the bank from exercising its rights against the company for defaults under the loan agreement; and a consent to an increase in NAS's subordinated debt facility with Agility Capital from $750,000 to $1 million.

By AuntMinnie.com staff writers
October 5, 2007

Related Reading

NAS lands brachytherapy supply deal, October 3, 2007

NAS ClearPath used in APBI procedure, September 28, 2007

NAS receives Nasdaq notice, September 25, 2007

NAS posts mixed results in Q3, September 21, 2007

NAS completes sale of Nomos unit, September 19, 2007

Copyright © 2007 AuntMinnie.com

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