RadNet receives $110 million loan

AuntMinnie.com staff writers
Jan 24, 2008

Imaging services provider RadNet of Los Angeles has received a $110 million loan from GE Healthcare Financial Services, the company reported.

The arrangement will consist of $60 million as part of its second lien term loan and $50 million, which will be available for RadNet to draw down in the future, of either additional term loans or additional capacity under its current revolving line of credit. The funding will be concluded in February.

Related Reading

RadNet posts record revenue, November 15, 2007

RadNet converts to digital mammo in Maryland, October 24, 2007

RadNet acquires Liberty Pacific, October 9, 2007

RadNet takes over Nydic centers, August 31, 2007

RadNet posts profit in Q2, August 14, 2007

Copyright © 2008 AuntMinnie.com

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