TELA Bio Secures $70 Million Term Loan Facility from Perceptive Credit Holdings

Reuters11-15

<a href="https://laohu8.com/S/TELA">TELA Bio</a> Secures $70 Million Term Loan Facility from Perceptive Credit Holdings

TELA Bio Inc. has entered into a new Credit Agreement and Guaranty with Perceptive Credit Holdings V, LP, establishing a senior secured term loan facility of up to $70 million. The agreement includes an initial loan of $60 million to be funded on November 14, 2025, and an additional delayed draw loan of $10 million available subject to certain conditions. The facility matures on November 14, 2030, and will accrue interest at an annual rate equal to a margin of 7.85% plus the greater of the Reference Rate or 4.25%. As part of the agreement, TELA Bio will issue warrants to Perceptive to purchase up to 2,000,000 shares of common stock at an exercise price of $1.11, with additional warrants available in connection with the delayed draw loan. The facility is secured by a first lien on substantially all of TELA Bio's assets.

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. TELA Bio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-112653), on November 14, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2583829536?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-15 05:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2583829536","market":"fut","top_or_hot":-1,"title":"TELA Bio Secures $70 Million Term Loan Facility from Perceptive Credit Holdings","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/TELA\">TELA Bio</a> Secures $70 Million Term Loan Facility from Perceptive Credit Holdings\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        TELA Bio Inc. has entered into a new Credit Agreement and Guaranty with Perceptive Credit Holdings V, LP, establishing a senior secured term loan facility of up to $70 million. The agreement includes an initial loan of $60 million to be funded on November 14, 2025, and an additional delayed draw loan of $10 million available subject to certain conditions. The facility matures on November 14, 2030, and will accrue interest at an annual rate equal to a margin of 7.85% plus the greater of the Reference Rate or 4.25%. As part of the agreement, TELA Bio will issue warrants to Perceptive to purchase up to 2,000,000 shares of common stock at an exercise price of $1.11, with additional warrants available in connection with the delayed draw loan. The facility is secured by a first lien on substantially all of TELA Bio's assets.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. TELA Bio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-112653), on November 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TELA Bio Secures $70 Million Term Loan Facility from Perceptive Credit Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTELA Bio Secures $70 Million Term Loan Facility from Perceptive Credit Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-15 05:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/TELA\">TELA Bio</a> Secures $70 Million Term Loan Facility from Perceptive Credit Holdings\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        TELA Bio Inc. has entered into a new Credit Agreement and Guaranty with Perceptive Credit Holdings V, LP, establishing a senior secured term loan facility of up to $70 million. The agreement includes an initial loan of $60 million to be funded on November 14, 2025, and an additional delayed draw loan of $10 million available subject to certain conditions. The facility matures on November 14, 2030, and will accrue interest at an annual rate equal to a margin of 7.85% plus the greater of the Reference Rate or 4.25%. As part of the agreement, TELA Bio will issue warrants to Perceptive to purchase up to 2,000,000 shares of common stock at an exercise price of $1.11, with additional warrants available in connection with the delayed draw loan. The facility is secured by a first lien on substantially all of TELA Bio's assets.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. TELA Bio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-112653), on November 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TELA","symbol_name":"TELA Bio, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251114:nNDL5mtlgV:1","article_id":"2583829536","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583829536","pubTimestamp":1763156855,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"TELA Bio Inc. has entered into a new Credit Agreement and Guaranty with Perceptive Credit Holdings V, LP, establishing a senior secured term loan facility of up to $70 million. The agreement includes an initial loan of $60 million to be funded on November 14, 2025, and an additional delayed draw loan of $10 million available subject to certain conditions. The facility matures on November 14, 2030, and will accrue interest at an annual rate equal to a margin of 7.85% plus the greater of the Reference Rate or 4.25%. As part of the agreement, TELA Bio will issue warrants to Perceptive to purchase up to 2,000,000 shares of common stock at an exercise price of $1.11, with additional warrants available in connection with the delayed draw loan. The facility is secured by a first lien on substantially all of TELA Bio's assets.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TELA":"TELA Bio, Inc.","BK4198":"医疗保健用品"},"translate_title":"TELA Bio从Perceptive Credit Holdings获得7000万美元定期贷款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TELA":0.9},"content_text":"TELA Bio Secures $70 Million Term Loan Facility from Perceptive Credit Holdings\n    \n\n        TELA Bio Inc. has entered into a new Credit Agreement and Guaranty with Perceptive Credit Holdings V, LP, establishing a senior secured term loan facility of up to $70 million. The agreement includes an initial loan of $60 million to be funded on November 14, 2025, and an additional delayed draw loan of $10 million available subject to certain conditions. The facility matures on November 14, 2030, and will accrue interest at an annual rate equal to a margin of 7.85% plus the greater of the Reference Rate or 4.25%. As part of the agreement, TELA Bio will issue warrants to Perceptive to purchase up to 2,000,000 shares of common stock at an exercise price of $1.11, with additional warrants available in connection with the delayed draw loan. The facility is secured by a first lien on substantially all of TELA Bio's assets.\n      \n\nDisclaimer: 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. TELA Bio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-112653), on November 14, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2583829536","isCrawlerRequest":true}