Pulmonx Corporation has closed a new five-year credit facility of up to $60 million with Perceptive Advisors. The company drew an initial $40 million term loan at closing to refinance existing debt and can access an additional $20 million through the end of 2027 if certain revenue milestones are met. The facility is interest-only until its 2031 maturity and carries interest at one-month Term SOFR, subject to a 3.75% floor, plus 7.0%, with up to 2.0% payable in kind at Pulmonx’s option for three years.
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. Pulmonx Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603041605PRIMZONEFULLFEED9665844) on March 04, 2026, and is solely responsible for the information contained therein.
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