Aterian Further Strengthens Its Balance Sheet With Extension Of Its Credit Facility

Credit Facility's Financial Liquidity Covenant More Favorable Maturity Extended to December 2026 NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced that it has extended its asset backed credit facility ("Credit Facility") with MidCap Financial, which is managed by a subsidiary of Apollo Global Management, Inc. The Credit Facility term has been extended to December 2026 and gives Aterian access to $17.0 million in current commitments which can ...