$AZTA (AZENTA) — 8-K: Azenta receives full $35 million vendor loan repayment; entire $63 million B Medical sale price now in cash

Azenta received repayment in full, prior to maturity, of the $35 million secured vendor loan extended in connection with the sale of B Medical Systems S. r.l. to Thelema S. r.l. The loan was repaid together with all accrued interest, and the share pledge securing the loan has been released. With the repayment, Azenta has now received in cash the entire $63 million purchase price for B Medical Systems. The company said the credit exposure associated with the transaction has been retired.

Azenta received repayment in full, prior to maturity, of the $35 million secured vendor loan extended in connection with the sale of B Medical Systems S. r.l. to Thelema S. r.l. The loan was repaid together with all accrued interest, and the share pledge securing the loan has been released. With the repayment, Azenta has now received in cash the entire $63 million purchase price for B Medical Systems. The company said the credit exposure associated with the transaction has been retired.