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Wednesday, Apr 3
RadNet (RDNT -1.4%) says it's completed the repricing of its $348.3M existing senior secured...
RadNet (RDNT -1.4%) says it's completed the repricing of its $348.3M existing senior secured term loan. As part of the transaction, the firm also raised an additional $40M under the same senior secured term loan facility, which were used to repay certain amounts outstanding and to fund fees and expenses. RDNT anticipates that it will save around $5M in annual interest expense as a result of the lower pricing, and will give it more liquidity in which to grow the business.