Radiology Partners Seeks to Raise $300M in Preferred Equity, Reschedule Debt Due Dates

Radiology Partners is seeking to raise at least $300 million in preferred equity to strengthen its financial position and flexibility, according to a report. Debt Wire shared the news, citing three unnamed sources familiar with the matter. El Segundo, California-based Rad Partners declined to comment to the website but issued an announcement the same day outlining plans to refinance its debts, which face looming due dates. RP, which bills itself as the largest radiology practice in the U.S., is commencing a “comprehensive” set of refinancing transactions to better position the company for “continued growth.”

Read the full article: Radiology Partners Seeks to Raise $300M in Preferred Equity, Reschedule Debt Due Dates //

Source: https://radiologybusiness.com/topics/healthcare-management/healthcare-economics/radiology-partners-seeks-raise-300m-preferred-equity-reschedule-debt-due-dates

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