RadNet, Inc. (RDNT): debt financing — RadNet secures $100M incremental term loan for acquisitions; shareholder votes routine

RadNet, Inc.

Incremental term loan of $100M from Barclays; matures April 18, 2031, same as existing $868.4M loan.
Quarterly principal payments increase to ~$2.4M from ~$2.2M; all other credit terms unchanged.
Proceeds to finance acquisitions and general corporate purposes; RadNet had $717M cash at March 31, 2025.
At June 10 annual meeting, stockholders elected 7 directors, ratified EY as auditor (67.8M for), and approved say-on-pay (50.8M for).
No changes to existing covenants or security provisions under the credit agreement.

item 1.01 item 2.03 item 5.07 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

RadNet, Inc. incurred term loan of $100.0 million with Barclays Bank PLC maturing April 18, 2031.

Instrument: term loan
Principal: $100.0 million
Counterparty: Barclays Bank PLC
Maturity: April 18, 2031
Event: incurrence

Exact text from the filing

Pursuant to the Second Amendment, Barclays Bank PLC, as lender, agreed to provide the Borrower an Incremental Term Commitment (as defined by the Existing Credit Agreement) in an aggregate principal amount of $100.0 million (the "2025 Incremental Term Loan"), which will be added to and form a part of the existing term loan under the Existing Credit Agreement (the "Existing Term Loan," together with the 2025 Incremental Term Loan, the "Term Loan").

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RadNet, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-25-004440

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