Latest Oxford Finance LLC Stories
ALEXANDRIA, Va., May 1, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of an $11 million round of debt financing for CardioFocus. The credit facility was awarded to CardioFocus from both Oxford and Silicon Valley Bank. Funds will be used to increase the company's available capital to fund growth, while it expands its international commercialization...
ALEXANDRIA, Va., Jan. 23, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a $200 million senior unsecured note offering by Oxford and Oxford Finance Co-Issuer, Inc., a wholly owned subsidiary of Oxford. The notes bear interest at a fixed rate of 7.25% and mature in 2018. Oxford intends to use the net proceeds of this offering to repay a portion of...
ALEXANDRIA, Va., Jan. 15, 2013 /PRNewswire/ -- On December 28, 2012, Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, closed a $30 million round of debt financing for Halozyme Therapeutics, Inc. (Halozyme). Silicon Valley Bank also participated in this transaction. "Oxford is very pleased to provide Halozyme capital to support its unique and innovative portfolio of products that addresses...
ALEXANDRIA, Va., Jan. 4, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life science and healthcare services companies, today announced that it closed a $16 million senior secured term loan and $4 million revolving line of credit with American Senior Living Communities ("ASLC"). Proceeds of the term loan were used to refinance two skilled nursing facilities in Rhode Island, and the revolver will be used to fund ongoing...
ALEXANDRIA, Va., Nov. 27, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $20 million senior secured term loan and a $1.5 million revolving line of credit with Pali Corporation. Proceeds of the loan are being used to refinance the company's existing debt and for working capital to support its two skilled nursing facilities in Hawaii. "Oxford is...
ALEXANDRIA, Va., Oct. 23, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $17 million senior secured term loan with Entellus Medical. Proceeds of the loan are being used to support the company's ongoing commercialization of its therapeutic solutions for healthcare providers and their patients who suffer from sinusitis. "Oxford is very pleased to...
ALEXANDRIA, Va., Sept. 12, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced a $15 million round of debt financing for XDx, Inc. Silicon Valley Bank acted as co-lender in this transaction. Proceeds of the loan will be used for working capital and to fund the development of new diagnostic applications using XDx's molecular expression technology. "XDx is a pioneer...
ALEXANDRIA, Va., Sept. 6, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, is pleased to announce that Katie R. Mainello, Director, Business Development, has joined Oxford and will be responsible for originating new loan facilities to East Coast healthcare services companies across a wide range of sectors. Ms. Mainello has over 10 years of experience in the finance industry,...
ALEXANDRIA, Va., July 25, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced it closed a $25 million debt facility with ZONARE Medical Systems, Inc. Proceeds of the loan will be used for growth capital and to further the development of its ultrasound technology. "Oxford is proud to have a long-term business relationship with ZONARE," said Christopher A. Herr,...
ALEXANDRIA, Va., July 10, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced it closed a $10 million debt facility with LensAR, Inc. Proceeds of the loan will be used for the commercialization of the company's latest generation LensAR(TM) Laser System, which recently received FDA clearance. "Oxford is impressed with the LensAR(TM) Laser System, and even prior to...
