Lantheus Holdings, the parent company of Lantheus Medical Imaging, said it will sell 3 million shares of its common stock in a public offering.
The offering will include 1 million shares provided by Lantheus, along with 2 million shares held by certain existing stockholders. The company said it will use the proceeds from this offering and cash on hand to repay approximately $20 million of the outstanding principal balance under its senior secured credit facilities.
Credit Suisse will serve as underwriter for the offering, Lantheus said.
