Radiology Partners’s Lenders Seek Counsel as Debt Wall Looms

Some lenders to Radiology Partners are consulting with lawyers at Gibson Dunn & Crutcher to explore its options ahead of looming debt maturities, according to people with knowledge of the situation.

The ad hoc group holds more than 50% of Radiology’s term loan, said the people, who asked not to be identified because the matter is private.

Radiology Partners, a group of radiology practices, has a $440 million revolver due in November 2024, which will become current in about six months. It then has a $1.6 billion term loan and $800 million of secured notes maturing in July 2025.

The ...