LOS ANGELES, Oct. 10, 2012 (GLOBE NEWSWIRE) -- RadNet, Inc. (Nasdaq:RDNT), (the "Company"), a national leader in providing high-quality, fixed-site outpatient diagnostic imaging services through a network of 237 imaging centers, today announced the closing of the previously announced refinancing of its senior secured credit facilities for an aggregate of $451.25 million. The refinancing includes a new credit agreement providing for a $350 million senior secured term loan due on October 10, 2018 (or October 1, 2017 if the Company's 10-3/8% senior notes due 2018 have not been refinanced by such date) and a $101.25 million senior secured revolving credit facility due on October 10, 2017 (or October 1, 2017 if the Company's 10-3/8% senior notes due 2018 have not been refinanced by such date).
RadNet Announces The Closing Of The Previously Announced Refinancing Of Its Senior Secured Credit Facilities
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