TELA Bio 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. © Copyright 2025 - Public Technologies (PUBT) Original Document: here