RP Delays Finance Drama for Another 4 Years
Ben White
FEBRUARY 23, 2024
They may not know how to run a radiology business, but they inarguably understand how to play the finance game: Radiology Partners completed its “ comprehensive set of financing transactions to strengthen its financial position.” In doing so, they ended up raising $720 million in preferred equity. They successfully used the promise of a substantial equity raise to get their debtholders to refinance, then used the promise of successful refinancing to further raise an additional ~$400 million.
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