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Latham & Watkins Represents Alphatec Spine in Growth Financing Facilities

January 10, 2023
Multidisciplinary team represents leading medical technology company in separate term loan and revolver financings to fuel further growth.

Alphatec Holdings, Inc. (Nasdaq: ATEC), a medical technology company focusing on surgical treatment for spinal disorders has announced the closing of US$150 million non-dilutive term loan agreement with Braidwell LP, a life science focused firm, along with an amendment of the company’s current revolver facility, which previously closed in an amount of up to US$50 million, led by affiliates of MidCap Financial.

Latham & Watkins LLP represented Alphatec in the transactions with a team led by Bay Area/Los Angeles partner Elizabeth Oh, Bay Area Partner Haim Zaltzman, and Bay Area associates Tony Noh and Tyler Davis. Advice was also provided on tax matters by Century City/Orange County partner Sam Weiner, with associate Brian Rogers; on benefits and compensation matters by Los Angeles counsel Aryeh Zuber; on capital markets matters by Los Angeles partner Arash Aminian Baghai and New York partner Reza Mojtabaee-Zamani, with New York associate Chris Yu; on healthcare matters by Bay Area counsel Betty Pang; on FDA matters by Washington, D.C. counsel Chad Jennings; on intellectual property matters by Bay Area/San Diego partner Chris Hazuka, with San Diego associate Robert Yeh, on security matters by Los Angeles counsel Emily Leong Yu; and on corporate matters by San Diego partners Matt Bush and Kevin Reyes.