Workflow
Diagnostic imaging
icon
Search documents
RadNet Secures $100 Million Incremental Term Loan to Fund Acquisitions and Corporate Initiatives
Globenewswire· 2025-06-11 20:55
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].
Philips to repurchase up to 6 million shares to cover long-term incentive plans
GlobeNewswire News Room· 2025-06-04 07:00
June 4, 2025  Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 6 million shares to cover certain of its obligations arising from its long-term incentive plans. At the current share price, the shares represent an amount of up to approximately EUR 125 million. The repurchases will be executed through one or more individual forward transactions, to be entered into in the course of the second and third quarter of 2025, in accordance with the Market ...
RadNet, Inc. to Present at the Bank of America Securities 2025 Healthcare Conference on May 13th, 2025
Globenewswire· 2025-05-09 10:00
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 ...
IDEXX(IDXX) - 2025 Q1 - Earnings Call Transcript
2025-05-01 12:30
IDEXX Laboratories (IDXX) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Good morning, and welcome to the IDEXX Laboratories First Quarter twenty twenty five Earnings Conference Call. As a reminder, today's conference is being recorded. Participating in the call this morning are Jay Mazelski, President and Chief Executive Officer Andrew Emerson, Chief Financial Officer and John Rebus, Vice President, Investor Relations. IDEXX would like to preface the discussion today with a caution regarding forwa ...
Basel Medical Group Completes Acquisition of Bethesda Medical to Strengthen Healthcare Ecosystem in Singapore and Southeast Asia 
Globenewswire· 2025-04-30 04:15
Company Overview - Basel Medical Group Ltd has completed the acquisition of Bethesda Medical Pte. Ltd, enhancing its strategic expansion in Singapore and Southeast Asia's healthcare market [1][5] - Bethesda Medical, established in 1995, specializes in diagnostic imaging and outpatient care, and has a strong presence in both public and private healthcare sectors in Singapore [2] Strategic Integration - The acquisition solidifies the existing strategic partnership between Basel Medical Group and Bethesda Medical, allowing for deeper synergies and improved patient care [3] - The integration will create a seamless referral system between Basel Medical's orthopedic services and Bethesda Medical's diagnostic and outpatient services, particularly benefiting sport medicine and musculoskeletal injury cases [4] Market Positioning - This acquisition is part of Basel Medical Group's broader strategy to expand its service offerings and position itself as a key player in the evolving healthcare ecosystem in Southeast Asia [5] - Basel Medical Group has a robust business model supported by long-term relationships with corporations, particularly in construction, marine, and oil & gas industries, which positions it well for growth in the private healthcare sector [6]