debt
confidence high
sentiment neutral
materiality 0.50
Lumexa Imaging enters $823M term loan and $250M revolver amendment, maturing 2032/2030
Lumexa Imaging Holdings, Inc.
- Secured term loan of ~$823M at SOFR+2.50% or Prime+1.50%, matures December 2032.
- Secured revolving facility of $250M at same rates, matures December 2030.
- Proceeds used to repay existing Amendment No. 5 term loans and pay fees/expenses.
- Financial covenant: net leverage ≤7.50x if revolving usage exceeds 40% of facility.
- Interest rate on revolving loans reduced via amendment; quarterly amortization of 0.25% of term loan.