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Azenta receives full repayment of $35 million vendor loan
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Azenta receives full repayment of $35 million vendor loan

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  • Azenta (NASDAQ:AZTA) received full repayment of a $35 million secured vendor loan related to the sale of B Medical Systems.
  • The repayment completes Azenta’s cash collection of the $63 million B Medical Systems purchase price.
  • The company said the credit exposure connected to the transaction has been retired.

Azenta (NASDAQ:AZTA) received full early repayment of a $35 million secured vendor loan related to the sale of B Medical Systems to Thelema S.à r.l.

The loan was provided by Azenta Germany GmbH, a wholly owned subsidiary of Azenta, as part of the transaction that closed on July 1, 2026.

Azenta stated that the loan, which was secured by a pledge over B Medical Systems’ equity interests, was repaid in full along with all accrued interest, and the related share pledge was released.

The repayment means Azenta has now received the full $63 million purchase price for B Medical Systems in cash, while eliminating the remaining credit exposure from the transaction.

The repayment concludes the financial arrangements associated with Azenta’s divestiture of B Medical Systems and converts the transaction proceeds into completed cash receipts.

Azenta provides life sciences solutions, including products and services used in sample management, laboratory automation, and biological storage applications.

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