Radiology Business April 19, 2024
RadNet Inc. has closed its more than $1 billion in previously announced debt refinancing transactions, the Los Angeles-based imaging center operator announced Thursday.
The company is replacing a $679 million term loan originally due in 2028 with a new $875 million credit vehicle now maturing in 2031. RadNet also is refinancing an undrawn $195 million revolving credit line coming due in 2026, replacing that with a $282 million credit line due in 2029.
Leaders said previously that the publicly traded provider—which owns or operates 377 outpatient imaging centers and counting—will use the proceeds to fuel growth. RadNet recently announced its entrance into the Houston market, and it has already acquired 13 locations in America’s fourth largest city.
RadNet can choose...
Today's Sponsors
Today's Sponsor