Allens has advised PRP Diagnostic Imaging on the successful $495 million refinancing and dividend recapitalisation facilities.
The transaction demonstrates the renewed strength in the refinancing market allowing private equity managers to raise liquidity and realise returns on successfully managed and operated assets.
'We were pleased to have supported PRP Diagnostic Imaging on this refinancing, which showcases the value of market timing and strategic positioning in a competitive debt landscape,' said Partner David Couper.
'This deal acts as a great example for other portfolio companies considering refinancing options in the current market.'
The transaction is the latest in Allens' work advising on private capital financing transactions, drawing on deep market knowledge to deliver outcomes aligned with clients' strategic goals.
