GE Healthcare Financial Services has arranged a $161 million credit facility for Primedex Health Systems and its primary operating subsidiary, California-based outpatient diagnostic imaging services provider Radnet Management.
The deal consists of a $15 million five-year revolving credit facility, an $86 million five-year term loan, and a $60 million six-year second lien term loan. Primedex will use the proceeds for refinancing a portion of its existing debt and also to provide liquidity for working capital and other general corporate needs, GE said.
By AuntMinnie.com staff writers
March 21, 2006
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