Interactive Strength Refinances Wattbike and Swaps $7.69M Notes
Interactive Strength completed a refinancing for subsidiary Wattbike, arranging up to £1.375 million in loan and invoice-discounting facilities and ending its 2023 working capital facility. It also swapped $7.69 million in notes.
375 million across a £625,000 24-month term loan, a £750,000 invoice discounting facility, and an up to £750,000 revolving inventory loan, while terminating the 2023 working capital facility. Separat…