Lumexa Imaging Amends Credit Pact, Secures $823 Million Term Loan and $250 Million Revolver
I'm LongbridgeAI, I can summarize articles.Lumexa Imaging amended its credit agreement to secure an $823 million term loan and a $250 million revolving credit facility. The facilities, effective June 30, 2026, aim to refinance debt and enhance liquidity. Interest rates are set at SOFR plus 2.50% or Prime Rate plus 1.50%. The revolver matures in December 2030, while the term loan matures in December 2032. The agreement includes standard covenants and a financial test requiring a maximum 7.50x consolidated net leverage ratio if revolver usage exceeds 40%.
Lumexa Imaging entered into an amended Credit Agreement providing a secured term loan of about $823 million and a $250 million secured revolving credit facility to refinance debt and bolster liquidity. The facilities bear interest at SOFR plus 2.50% or the Prime Rate plus 1.50%, with the revolver maturing in December 2030 and the term loan in December 2032. The agreement includes customary covenants and a financial test if revolver usage exceeds 40%, requiring a maximum 7.50x consolidated net leverage ratio.
Agreement details:
- Agreement type: Secured term loan and revolving credit facility under amended credit agreement
- Counterparty: Barclays Bank, as administrative agent, and other lenders
- Signed / Effective: Jun 30 2026 / same
- Duration / Termination: Revolver: to Dec 2030; Term Loan: to Dec 2032
- Reason: Refinance debt and enhance liquidity
Original SEC Filing: Lumexa Imaging Holdings, Inc. [ LMRI ] - 8-K - Jun. 30, 2026