LeMaitre Vascular terminates $65M credit facility; records $0.5M non-cash charge

LEMAITRE VASCULAR INC

Terminated Credit Agreement with KeyBank and Truist; no borrowings outstanding at termination.
Recorded one-time non-cash charge of ~$0.5M from unamortized deferred financing costs.
Charge was not included in prior Q4/full-year 2021 guidance released Oct 28.
Elimination of ~$50K quarterly expenses (cash + non-cash) beginning Q1 2022.

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