Tri-State Imaging Group
Senior debt financing for U.S. expansion
Tri-State Imaging Group, a leading provider of outpatientdiagnostic imaging services in Pennsylvania, Delaware and NJwas seeking to expand its foot print in the U.S. market.
The senior debt package from Siemens Financial Services (SFS)enables the refinancing of Tri-State’s existing debt. In addition, the five-year $50 million loan facilitated the purchase16 new medical imaging centers in Florida and is being used torefinance existing debt.
Benefits for the Customer
SFS provided a customized financing package that dovetails withmedical imaging technology solutions offered by SiemensHealthcare. SFS used its balance sheet strength to provide the customerwith the necessary cost-effective financing.