GenMark Borrows $10M Against Debt Facility | GenomeWeb

NEW YORK (GenomeWeb) – GenMark Diagnostics said in a regulatory document today that it borrowed $10 million against a $40 million debt facility. 

The $10 million was borrowed under an initial term loan pursuant to a debt facility created in January and led by GE Capital's Healthcare Financial Services business. The credit facility comprises a multi-tranched $35 million venture loan facility and a $5 million asset-based revolving credit facility.

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