Radiology Partners gets $270 million delayed-draw loan led by Golub

By Sarah Lizee

Olympia, Wash., Feb. 15 – Radiology Partners, Inc. obtained a $270 million delayed-draw term loan with Golub Capital as bookrunner, administrative agent and lead arranger, raising the company's Golub Capital one-loan debt facility to $1 billion.

The financing will support Radiology Partners' acquisition of Renaissance Imaging Medical Associates and continued growth strategy, according to a press release issued by Golub on Thursday.

The $1 billion facility consists of a $40 million revolver, $690 million term loan and the new $270 million delayed-draw term loan that is available until December 2019.

Golub said this facility marks its largest delayed-draw term loan facility to date.

The acquisition of Renaissance Imaging will allow Radiology Partners to continue to expand its services and reach more patients throughout the United States, the release said.

Radiology Partners is an El Segundo, Calif.-based radiology physician practice management company.

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