Catasys Finds $45M In Debt Financing For Mental Health Efforts
socalTECH
SEPTEMBER 24, 2019
The company said the financing consists of Senior Secured Notes due 2024 pursuant to a committed purchase of up to $45 million, comprised of a $35 million initial purchase and up to $10 million in additional issuances. The company--led by founder and CEO Terren Peizer--said the funding will go to support accelerating growth at the company.
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