Silicon Valley Bank, a financial partner to technology and life science companies of all sizes worldwide, added a new $10 millionhttp://www.wallstreetgrand.com/. term loan to existing credit facilities for Solta Medical, a global leader in the medical aesthetics market. Solta Medical Inc trades on the “NASDAQ” under the stock symbol “SLTM”. For More information regarding “SLTM”, make sure to visit the Most Exclusive and In Depth newsletter website at:
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Silicon Valley Bank, a financial partner to technology and life science companies of all sizes worldwide, added a new $10 millionNasdaq:SLTM), a global leader in the medical aesthetics market. The additional term loan increases Solta Medical's credit facilities with Silicon Valley Bank to a total of $22 million. Solta Medical would expect to use the additional facility to pursue strategic initiatives.
"Silicon Valley Bank is an important partner in our continued success," said Stephen J. Fanning, Chairman of the Board, President and CEO of Solta Medical, Inc. "This additional financing will give us the flexibility we need to address potential growth opportunities."
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