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Varex Imaging ( (VREX) ) has provided an update.
Varex Imaging Corporation successfully completed a private offering of $125 million in senior secured notes, which will help in partially repaying its convertible notes due in June 2025, thereby maintaining its revolving credit facility. This financial maneuver strengthens Varex’s position by managing its debt obligations and enhancing operational flexibility, potentially benefiting its stakeholders and supporting its market operations.
More about Varex Imaging
Varex Imaging Corporation is a leading innovator, designer, and manufacturer of X-ray imaging components, including X-ray tubes, digital detectors, and image processing solutions for medical, industrial, and security imaging applications. Based in Salt Lake City, Utah, the company employs around 2,300 people across North America, Europe, and Asia.
YTD Price Performance: -30.93%
Average Trading Volume: 593,687
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $583.8M
For an in-depth examination of VREX stock, go to TipRanks’ Stock Analysis page.