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Azenta Receives Early Repayment of $35 Million Vendor Loan

Azenta Receives Early Repayment of $35 Million Vendor Loan

MT newswireMT newswire2026/09/04 12:53
08:53 AM EDT, 09/04/2026 (MT Newswires) -- Azenta (AZTA) said Friday it received full repayment, ahead of maturity, of a $35 million secured vendor loan related to the sale of B Medical Systems to Thelema. The loan, provided by Azenta Germany in connection with the transaction that closed July 1, was secured by a pledge over B Medical Systems' equity interests, it said. The loan was repaid in full with accrued interest, and the share pledge was released, it added. Azenta said it has now received the entire $63 million purchase price for B Medical Systems in cash, completing the divestiture and eliminating its credit exposure from the transaction.
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