Imaging services provider Alliance Imaging of Anaheim, CA, has closed a private offering of $150 million in senior subordinated notes.
The company said it received proceeds of $133.9 million after expenses and discounts, and the firm plans to use the funds to repay debt under its Acquisition Credit Agreement of November 5. The remaining proceeds will be used to fund future acquisitions and for general corporate purchases.
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Alliance feels DRA's bite in Q2 results, August 3, 2007
Alliance reports drop in Q1 revenues, May 1, 2007
Alliance posts revenue growth in 2006, February 22, 2007
Alliance Imaging eyes effect of DRA cuts, December 19, 2006
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