Electromed Secures $10 Million Credit Facility from BMO Bank

Reuters12-19

<a href="https://laohu8.com/S/ELMD">Electromed</a> Secures $10 Million Credit Facility from BMO Bank

Electromed Inc. has entered into a new Credit Agreement with BMO Bank N.A., securing a $10 million revolving line of credit that will mature on December 16, 2026. Borrowings under the facility will accrue interest at one-month Term SOFR plus 1.75%, with interest payable monthly. The agreement is backed by a first priority security interest in substantially all of Electromed's assets and includes customary covenants and events of default. The funds may be used for capital expenditures, working capital, and general corporate purposes. Electromed also terminated its previous credit facility with Choice Financial Group in connection with this new agreement.

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. Electromed 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: 0001437749-25-038291), on December 18, 2025, and is solely responsible for the information contained therein.

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