Varex completes $490 million debt refinancing, cuts interest costs

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Varex Announces Successful Completion of Debt Refinancing

March 16, 2026 8:30 AM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a Credit and Guaranty Agreement (the Credit Agreement), dated as of March 13, 2026, which includes a secured term loan facility in aggregate principal amount of $350 million, a secured revolving credit facility in aggregate principal amount of $100 million and a secured delayed draw term loan facility in aggregate principal amount of $40 million (collectively, the Credit Facility), providing for aggregate commitments of $490 million and maturing on March 13, 2031. Zions Bancorporation, N.A. (Zions) acted as lead arranger and bookrunner for the new... More