Radiology components supplier Varex Imaging has closed a $125 million private offering of senior secured notes.
The company initiated the offering on December 16. The notes will come due in October 2027, Varex noted.
“The additional funds allow us to address the partial repayment of our convertible notes coming due in June 2025, while preserving availability under our revolving credit facility,” said company CFO Sam Maheshwari in a statement.
Additional information concerning the notes is in the firm’s Form 8-K, which it filed December 23.