10.23%SPY 127.82 0.19%FRE 3.16 
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GAINESVILLE, Fla. - Exactech Inc., which makes bone and joint restorations products, said Monday that it signed a new $40 million syndicated line of credit.
| EXAC | 27.51 |  -0.24 |
The secured credit revolver will be used to fund future acquisitions, refinance debt and provide for capital expenditures and working capital, Exactech said.
SunTrust Bank served as lead agent, along with Compass Bank. The new facility matures in five years.
Exactech shares fell 15 cents to $26.10 in afternoon trading.
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