LOAN AGREEMENT
Signed Jun 2, 2026
- Committed
- $15m
- Matures
- n/a
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving credit facility | $15m | n/a | n/a |
Lenders: CITY NATIONAL BANK OF FLORIDA
Sensus Healthcare, Inc.
$30m committed across 2 active facilities, next covenant test Sep 30, 2026. SRTS
Recent changes
CovenantTestedHeadroomLimit now
Tested quarterlyHeadroom not yet measured1.50x
Springing: Applies only upon renewal and release of the full proceeds of the Loan, including the Restricted Commitment Amount.
Borrower shall maintain a minimum Debt Service Coverage Ratio (Post-Distribution) of not less than 1.50, which is to be tested quarterly during the term of the Loan, as of the end of each Fiscal QuarterRead the filing on sec.gov ↗
REVOLVING PROMISSORY NOTE
Signed Jun 2, 2026
- Committed
- $15m
- Matures
- Jun 2027
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving credit facility | $15m | Jun 2027 | 300 bps |
Priced over Term SOFR, floor 300 bps (Revolving credit facility).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level all | all times | 300 bps | n/a |
Lenders: CITY NATIONAL BANK OF FLORIDA
No amendments on file yet.
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