---
schema_version: "secwatch.filing_event.v1"
accession: "0001681622-24-000119"
form_type: "8-K"
ticker: "VREX"
cik: "0001681622"
company_name: "Varex Imaging Corp"
filed_at: "2024-12-23T23:59:59+00:00"
generated_at: "2026-05-28T23:41:33.566404+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Varex closes $125M 7.875% senior secured notes due 2027 for convertible note repayment

## Summary
- $125M aggregate principal at 101.5% of par, 7.875% coupon, maturing 2027.
- Net proceeds ~$124M to partially repay $200M convertible notes due June 2025.
- Additional notes are part of same issue as existing $300M notes ($243M outstanding).
- Company to terminate unused $20M equipment credit agreement post-closing.
- CFO states offering preserves availability under revolving credit facility.

## SEC filing metadata
- accession: 0001681622-24-000119
- form_type: 8-K
- ticker: VREX
- cik: 0001681622
- company_name: Varex Imaging Corp
- filed_at: 2024-12-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1681622/000168162224000119/0001681622-24-000119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681622/000168162224000119/vrex-20241220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001681622-24-000119
- JSON: https://secwatch.observer/filing/0001681622-24-000119.json
- Plain text: https://secwatch.observer/filing/0001681622-24-000119.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.