Harvard Bioscience reports de minimis SVB exposure, no material impact expected

HARVARD BIOSCIENCE INC

Cash held in Silicon Valley Bank accounts is de minimis; expects full access and no material impact on financial condition or operations.
Credit agreement with Citizens Bank, Wells Fargo, and SVB provides $40M term loan and $25M senior revolving credit facility.
Expects sufficient liquidity from cash, operations, and non-SVB lenders even if SVB cannot fund its portion of the credit facility.

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