Endocyte Secures $15 Million Credit Facility
August 30, 2010 Client News
WEST LAFAYETTE, Ind. –Endocyte, Inc., a biopharmaceutical company developing targeted small molecule drug conjugates, announced today that it has entered into a loan and security agreement with MidCap Financial and Silicon Valley Bank providing access to up to $15 million of capital to the company. ... Read More

Tachyon Networks Secures Access to Financing with Silicon Valley Bank
August 18, 2010 Client News
Funds to Strengthen Position for Further Growth in Government and Enterprise Broadband Satellite MarketsSan Diego, CA, August 18, 2010 – Tachyon Networks today announced the completion of a $2 million Revolving Line of Credit and a $2 million Equipment Term Loan with Silicon Valley Bank. From fiscal... Read More

Active Power Secures $12.5 Million Bank Credit Facility
August 11, 2010 Client News
Facility Provides Greater Financial Flexibility to Meet Working Capital Requirements and Ability to Quickly Respond to Large Customer OrdersTo improve the company's overall financial flexibility and supplement a recent equity offering, critical power solutions provider Active Power, Inc. (NASDAQ: AC... Read More

Zogenix Secures $35 Million Debt Facility And Raises $15 Million Investment Capital
July 13, 2010 Client News
SAN DIEGO, Calif., July 13, 2010 — Zogenix, Inc. (“Zogenix”), a privately heldpharmaceutical company, announced that it has secured a $35 million debt facility ledby Oxford Finance Corporation which also included Silicon Valley Bank. The facilityconsists of a $25 million term loan and a $10 million ... Read More

Jazz Pharmaceuticals Announces Completion of Refinancing of its 15% Senior Secured Notes Due June 2011 With Closing of $50 Million Term Loan Due June 2013
June 30, 2010 Client News
- Existing $15 million revolving line of credit also refinanced to extend maturity to June 2013 - Refinancing expected to be accretive to 2010 adjusted net income per share PALO ALTO, Calif., June 30, 2010 /PRNewswire via COMTEX/ -- Jazz Pharmaceuticals, Inc. (Nasdaq: JAZZ) today announced that it h... Read More

Cytori Secures $20 Million Loan Facility Led By GE Capital, Healthcare Financial Services
June 14, 2010 Client News
SAN DIEGO, Jun 14, 2010 (BUSINESS WIRE) -- Cytori Therapeutics (NASDAQ: CYTX) entered into a $20 million secured loan facility from GE Capital, Healthcare Financial Services, Oxford Finance Corporation, and Silicon Valley Bank. The loan funded June 14, 2010. The funds will be used to support Cytori'... Read More

Exelixis to Raise $160 Million through Financing Transactions with Silicon Valley Bank and Deerfield Management
June 03, 2010 Client News
SOUTH SAN FRANCISCO, Calif., Jun 03, 2010 (BUSINESS WIRE) --Exelixis, Inc. (Nasdaq:EXEL) today announced that it has entered into agreements providing for two separate financing transactions with Silicon Valley Bank and Deerfield Management for an aggregate of $160.0 million in capital. Exelixis exp... Read More

GigOptix Announces New and Improved Credit Facility with Silicon Valley Bank
April 29, 2010 Client News
PALO ALTO, Calif., Apr 29, 2010 (BUSINESS WIRE) --GigOptix, Inc. (OTCBB: GGOX), a leading supplier of electronic and electro-optic semiconductor products for fiber-optic communications systems today announced that it has established a new credit facility with Silicon Valley Bank ("SVB"). This new fa... Read More

Cardiovascular Systems Completes $29 Million Debt Facility with Silicon Valley Bank and Partners for Growth
April 20, 2010 Client News
 ST. PAUL, Minn., Apr 20, 2010 (BUSINESS WIRE) --Cardiovascular Systems, Inc. (CSI) (Nasdaq: CSII), announced today that it has established a $25 million credit facility with Silicon Valley Bank and up to $4 million in convertible debt with Partners for Growth. Proceeds will be used to consolidate e... Read More

Solta Medical Expands Credit Facility with Silicon Valley Bank to $22 Million
March 31, 2010 Client News
Santa Clara, Calif. –– March 31, 2010 — Silicon Valley Bank, financial partner to technology and life science companies of all sizes worldwide, added a new $10 million term loan to existing credit facilities for Solta Medical (NASDAQ: SLTM), a global leader in the medical aesthetics market. The addi... Read More