Latham & Watkins Represents Alphatec Spine in Growth Financing Facilities
Alphatec Holdings, Inc. (Nasdaq: ATEC), a medical technology company focusing on surgical treatment for spinal disorders has announced the closing of US$150 million non-dilutive term loan agreement with Braidwell LP, a life science focused firm, along with an amendment of the company’s current revolver facility, which previously closed in an amount of up to US$50 million, led by affiliates of MidCap Financial.
Latham & Watkins LLP represented Alphatec in the transactions with a team led by Bay Area/Los Angeles partner Elizabeth Oh, Bay Area Partner Haim Zaltzman, and Bay Area associates Tony Noh and Tyler Davis. Advice was also provided on tax matters by Century City/Orange County partner Sam Weiner, with associate Brian Rogers; on benefits and compensation matters by Los Angeles counsel Aryeh Zuber; on capital markets matters by Los Angeles partner Arash Aminian Baghai and New York partner Reza Mojtabaee-Zamani, with New York associate Chris Yu; on healthcare matters by Bay Area counsel Betty Pang; on FDA matters by Washington, D.C. counsel Chad Jennings; on intellectual property matters by Bay Area/San Diego partner Chris Hazuka, with San Diego associate Robert Yeh, on security matters by Los Angeles counsel Emily Leong Yu; and on corporate matters by San Diego partners Matt Bush and Kevin Reyes.