Varex Imaging Corp. (VREX), Tuesday announced the pricing of a private offering of 7.875 percent senior notes worth $125 million at a price of 101.5 percent of the principal amount thereof, plus accrued and unpaid interest from October 15, 2024.
The latest offering of the notes, due October 15, 2027, will be in addition to the company's existing offering of 7.875 percent senior secured notes, amounting to $300 million.
The manufacturer of X-ray imaging components intends to use the proceeds to fund the partial repayment of its outstanding convertible notes, due June 2025, on their maturity date or to repurchase part of the convertible notes prior to their maturity date.
The closing of the offering is expected to occur on December 20.
Currently, Varex's stock is trading at $15, down 0.92 percent on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.