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Prairie Operating Co. shares rise 1.06% intraday after Sanuwave Health announces strategic debt refinancing with J.P. Morgan.
ByAinvest
Friday, Sep 26, 2025 10:40 am ET1min read
Prairie Operating Co. rose 1.06% in intraday trading, with Sanuwave Health, Inc. announcing a strategic debt refinancing with J.P. Morgan. The new credit facility consists of a four-year term loan of $23 million and a two-year $5 million revolving credit facility, both with an interest rate of SOFR +350bp. The company drew approximately $1 million from the revolver at commencement, resulting in total outstanding debt under the new facility of approximately $24 million. Additionally, Sanuwave announced the repayment in full of its NH Expansion debt facility with the new credit facility from J.P. Morgan and cash on hand.
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