Affluent Medical secures €30M structured debt facility

What's the deal? Affluent MedicalDealroom has a profile for this one. Try Dealroom →, now operating as Carvolix, has entered into a structured financing transaction of up to €30 million with Claret Capital PartnersDealroom has a profile for this one. Try Dealroom →. The transaction includes up to €20 million of senior secured convertible bonds, up to €10 million of senior secured amortised bonds and warrants.

What has closed? The first €10 million tranche of convertible bonds has been immediately drawn down. Further tranches are conditional, including on regulatory clearance for the TAVIPILOT robotic system. Carvolix said the proceeds will support commercialisation, industrialisation, market access and working capital.

Read more: EQS Group

Image credit: Vishay Intertechnology