Radiology Partners and a “Comprehensive Set of Financing Transactions”
Ben White
JANUARY 26, 2024
Last week, Radiology Partners released an announcement that it was “commencing a comprehensive set of financing transactions to strengthen its financial position.” Setting the Stage Going into 2024, RP was already cashflow negative (i.e. losing money) to say nothing of the massive debt payments due this year and next. For a reminder of what was coming, recall this slide: But it’s more than that: In addition to having no ability to pay these loans back, RP told lenders they̵
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