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RadNet to launch up to $455 million credit facility on Thursday
By Sara Rosenberg
New York, Sept. 19 - RadNet Inc. will hold a bank meeting on Thursday to launch an up to $455 million senior secured credit facility, according to a market source.
Barclays is the left lead on the deal.
The facility consists of a $100 million to $125 million revolver and an up to $330 million term loan B, the source said.
Proceeds will be used to refinance an existing senior secured credit facility.
RadNet is a Los Angeles-based owner and operator of fixed-site diagnostic imaging centers.
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