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Alliance Imaging to sell up to $150 million eight-year notes on Thursday via Deutsche Bank
By Paul A. Harris
St. Louis, Dec. 8 - Alliance Imaging Inc. plans to sell up to $150 million of eight-year senior subordinated notes on Thursday, according to an informed source.
No price talk had been heard at the close of Wednesday's session.
Deutsche Bank Securities has the books for the Rule 144A/Regulation S offering.
The notes will be non-callable for three years.
Proceeds will be used to redeem the company's outstanding $260 million of 10 3/8% senior subordinated notes due 2011.
The prospective issuer is an Anaheim, Calif.-based diagnostic imaging systems operator for more than 1,300 hospitals and other health care providers in nearly 45 states.
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