
Harvard Bioscience Secures $40M Loan Agreement

I'm PortAI, I can summarize articles.
Harvard Bioscience has secured a $40 million loan from BroadOak Capital Partners to refinance debt and improve liquidity. The agreement includes term loans with varying terms and grants BroadOak board representation. This move aims to enhance operational flexibility and stability, marking a significant step in the company's growth within the life sciences sector. The latest analyst rating for HBIO stock is Hold with a $0.79 price target, reflecting financial challenges but positive operational improvements.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

