DOTmed March 6, 2024
Radiology Partners, the largest radiology practice in the U.S., is looking to expand further and enhance its clinical services and AI and technological capabilities with a growth equity investment of approximately $720 million it raised through a series of recent financial transactions.
The company collected the funds from existing and new investors and executed an exchange offer in which it offered alternative ways for paying back loans to investors, providing it with greater flexibility to continue making investments and reduce debt and allowing it to better adjust its financial structure. RP will retain more than $500 million in cash and liquidity to fund continued growth and invest in innovation.
It also extended outstanding debt maturities with new maturity dates ranging...
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