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Radiology Partners to launch $240 million incremental term B Friday
By Sara Rosenberg
New York, April 24 – Radiology Partners Inc. is scheduled to hold a lender call at 11:30 a.m. ET on Friday to launch a fungible $240 million incremental first-lien term loan B, according to a market source.
Barclays, Deutsche Bank Securities Inc., Fifth Third Bank and Golub are the bookrunners on the deal.
The company is also getting a $120 million privately placed incremental second-lien term loan, the source said.
Proceeds will be used to fund acquisitions currently under letters of intent.
New Enterprise Associates is the sponsor.
Radiology Partners is an El Segundo, Calif.-based radiology physician practice management company.
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