Latham & Watkins Advises Spine-Focused Medical Technology Leader ATEC on US$300 Credit Facilities

Alphatec Holdings, Inc. (Nasdaq: ATEC), a spine-focused provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, has announced it has entered into a new credit facility, including a US$125 million revolving credit facility and US$175 million Term Loan A, led by JPMorgan Chase Bank, N.A. and TD Securities (USA) LLC. This transaction represents ATEC’s inaugural syndicated bank facility and reflects the company’s strong operating performance and continued progression to a more scaled and profitable financial profile.

Latham & Watkins LLP is advising ATEC on the transaction with a finance team led by partners Elizabeth Oh and Haim Zaltzman, with associates Hyunji Lee and Will Sedgwick. Advice was also provided on corporate matters by partners Matt Bush and Kevin Reyes; on securities matters by counsel Emily Leong Yu; on convertible notes matters by partners Reza Mojtabaee Zamani and Ryan Gold, and counsel Christopher Yu; on ERISA matters by counsel Aryeh Zuber; on healthcare matters by partner Betty Pang; on FDA matters by counsel Chad Jennings; on sanctions matters by associate C.J. Rydberg; on tax matters by partner Eric Cho; on intellectual property matters by counsel Robert Yeh; on Investment Company Act matters by partner Jennifer Tian; and on environmental matters by partner Chris Norton.