Candela
This article was originally published in The Gray Sheet
Executive Summary
Laser firm implements $3.7 mil. debt financing through an agreement with the Massachusetts Capital Resource Company. Under the terms of the transaction, which closed Oct. 15, MCRC and two other investors received eight-year, 9.75% subordinated notes due in 2006 and 370,000 common stock warrants with an exercise price of $4 each