Moody's Lowers Security Rating on RadNet's First-Lien Bank Facilities After $200M Loan
Moody's Ratings downgraded the senior secured first lien bank credit facilities of RadNet Management, Inc. to B1 from Ba3 following the company's issuance of a $200 million incremental first lien term loan. The corporate family rating remains B1 with a stable outlook as Moody's balances higher leverage against RadNet's market position and cash reso…