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US Radiology shops amendment to shift term loan to SOFR
By Sara Rosenberg
New York, March 24 – US Radiology Specialists Inc. is seeking a negative consent amendment to transition its term loan to SOFR from Libor and add CSA, according to a market source.
The CSA would be 10 basis points one-month rate, 15 bps three-month rate and 25 bps six-month rate, the source said.
Barclays is the lead on the deal.
The amendment deadline is end of day on Tuesday, the source added.
US Radiology is a Raleigh, N.C.-based radiology group.
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