RadNet Secures Commitments to Amend its Credit Facility, Resulting in 0.25% Reduction in Interest Rates
RadNet, Inc. (RDNT)
Last radnet, inc. earnings: 3/12 06:00 am
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US:NASDAQ Investor Relations:
radnet.com/about-radnet/investor-relations
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Source: GlobeNewswire
LOS ANGELES, Nov. 22, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, today announced that it has completed pricing and allocations for Amendment No. 1 to Credit and Guaranty Agreement (the “First Amendment”) which will reduce the interest rates payable under its Third Amended and Restated First Lien Credit and Guaranty Agreement (the “Credit Agreement”). RadNet has $872,812,500 of outstanding term loans under the Credit Agreement, and is undrawn on its revolving credit facility. With the successful completion of the First Amendment, the interest rate on the term loans will be reduced by 0.25% to, at RadNet’s election, either Term SOFR plus 2.25% or the alternate base rate plus 1.25%. The interest rate on the revolving credit facility will also be reduced by 0.25%, which is subject to a pricing grid based upon RadNet’s leverage ratio. All other terms of the term lo
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News
- RadNet Secures Commitments to Amend its Credit Facility, Resulting in 0.25% Reduction in Interest Rates [Yahoo! Finance]Yahoo! Finance
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- AI's Growing Role in Transforming Healthcare Delivers Innovations in Diagnostics, Patient CarePR Newswire
- AI's Growing Role in Transforming Healthcare Delivers Innovations in Diagnostics, Patient CarePR Newswire
- RadNet Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
RDNT
Earnings
- 11/10/24 - Beat
RDNT
Sec Filings
- 11/21/24 - Form 4
- 11/14/24 - Form 144
- 11/12/24 - Form 10-Q
- RDNT's page on the SEC website