Greenbrook TMS Secures Additional $5.3M In Senior Secured Term Loans From Madryn Under Credit Facility
Portfolio Pulse from Benzinga Newsdesk
Greenbrook TMS Inc. has obtained an additional $5.3 million in senior secured term loans from investment firm Madryn Asset Management. This funding is part of an existing credit facility agreement between the two parties.

December 28, 2023 | 10:01 pm
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Greenbrook TMS Inc. has secured additional financing, which may improve its liquidity and financial flexibility in the short term.
The additional funding of $5.3 million for Greenbrook TMS Inc. is likely to be viewed positively by investors as it increases the company's liquidity and may support its operations and growth initiatives. This could lead to a short-term positive impact on the stock price. However, the long-term impact will depend on how the company utilizes the funds and its overall financial performance.
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