Varex to redeem $30 million portion of 7 7/8% notes due 2027 on July 15

By Rebecca Melvin

Concord, N.H., July 1 – Varex Imaging Corp. will redeem $30 million of its $300 million 7 7/8% senior secured notes due 2027 in accordance with the terms and conditions of the governing indenture on July 15, according to a company release on Thursday.

The price of the notes will be 103 plus accrued interest from and including April 15 to but excluding the redemption date.

The partial redemption is being done in accordance with the company’s strategy to pay down debt.

The supplier of medical X-ray tubes and image processing solutions is based in Salt Lake City.

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