Sunshine Heart Amends Its Debt Agreement with Silicon Valley Bank
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Sunshine Heart (SSH) Enters Amended Debt Agreement with Silicon Valley Bank
December 9, 2015 5:53 AM ESTSunshine Heart, Inc. (Nasdaq: SSH) announced it has amended its debt agreement with Silicon Valley Bank to modify the requirement that the Company raise $20.0 million by March 31, 2016.
"It is a pleasure to continue to work with Silicon Valley Bank which is well established in the healthcare sector as a leading financial partner to emerging companies. We are pleased with the outcome and look forward to continue to strengthen our partnership with Silicon Valley Bank," commented John Erb, Chairman and Interim Chief Executive Officer of Sunshine Heart.
On December 8, 2015, the Company... More
