Lantheus to repay $55 million under credit facilities via stock, cash

By Wendy Van Sickle

Columbus, Ohio, Sept. 8 – Lantheus Holdings, Inc. plans to pay down about $55 million outstanding under its senior secured credit facilities with proceeds of an offering of common stock, as well as with cash on hand, according to a press release.

Lantheus said it agreed to sell 5.2 million shares of its common stock to Credit Suisse and Jefferies LLC as underwriters in an underwritten public offering.

The parent company of Lantheus Medical Imaging, Inc. is based in North Billerica, Mass.

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