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RadNet Prices, Upsizes Term Loan, Revolving Credit Facility Refinancing Transaction
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RadNet Prices, Upsizes Term Loan, Revolving Credit Facility Refinancing Transaction
Apr 11, 2024 7:10 AM

09:59 AM EDT, 04/11/2024 (MT Newswires) -- RadNet ( RDNT ) said Thursday that it has completed pricing and allocations for its proposed refinancing of an existing term loan.

The company said it has accepted orders and completed allocations on a new $875 million term loan and a $282 million revolving credit facility with a five-year term, higher by $35 million and $32 million respectively than what it announced previously.

Earlier this month, RadNet ( RDNT ) said it intended to refinance debt facilities that included a $679 million term loan balance due April 2028 and an undrawn $195 million revolving credit facility maturing in April 2026.

Price: 48.66, Change: +0.10, Percent Change: +0.22

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