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TELA Bio Secures Covenant Waiver From Perceptive Credit Lenders for Q3—Q4 2026

TELA Bio entered into a Limited Consent to its existing Credit Agreement to obtain temporary covenant relief. The Administrative Agent and Required Lenders agreed not to test the minimum revenue covenant for the fiscal quarters ending on or about September 30, 2026 and December 31, 2026. The consen…

TELA