Core Viewpoint - RadNet, Inc. has entered into an incremental amendment to its credit agreement, securing an additional $100 million term loan to finance acquisitions and support strategic growth initiatives [1][2][3][4]. Financial Summary - Barclays Bank PLC will provide RadNet with a $100 million incremental term loan, which will mature on April 18, 2031, aligning with the maturity of the existing term loan balance of $868.4 million [2]. - Quarterly principal payments on the term loan will increase to approximately $2.4 million from $2.2 million prior to the amendment [2]. Strategic Implications - The proceeds from the incremental term loan will enhance RadNet's capacity to pursue acquisition opportunities and support its growth strategy, adding to the existing cash balance of $717 million as of March 31, 2025 [3][4]. - The company operates a network of 401 outpatient imaging centers across several states, positioning it as a leading provider in the diagnostic imaging sector [5].

LOS ANGELES, May 09, 2025 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and operated outpatient imaging centers, today announced that Mark Stolper, Executive Vice President and Chief Financial Officer will be presenting at the Bank of America Securities 2025 Healthcare Conference in Las Vegas, NV on Tuesday, May 13, 2025 at 5:00 p.m. Pacific Time. There will be simultaneous and archive ...