NEWS
Barclays, Other Financial Institutions Refinance RadNet’s Existing Senior Secured Credit Facilities
July 01, 2016
New York, NY – Paul Hastings LLP, a leading global law firm, represented Barclays Bank PLC, as lead arranger and administrative agent, and Capital One, National Association, SunTrust Robinson Humphrey, Inc., Credit Suisse Securities (USA) LLC and Royal Bank of Canada, as joint lead arrangers, with respect to RadNet, Inc.’s $602,500,000 refinancing of its existing senior secured first lien credit facilities.
The refinancing provides for an aggregate principal amount of $485,000,000 in senior secured first lien term loans and a $117,500,000 senior secured revolving credit facility. RadNet, Inc. is a national leader in providing high-quality, fixed-site, outpatient diagnostic imaging services through a network of 309 owned and/or operated outpatient imaging centers.
The Paul Hastings team was led by Leveraged Finance partner John Cobb, and included associates Marisa Sotomayor, Matthew Bartlett and Patrick Prin.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.
Practice Areas
Leveraged & Syndicated Lending
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Becca Hatton