Medical Resources completes debt accord
Imaging services provider Medical Resources of Hackensack, NJ, has completed an agreement with a group of corporate bond holders that restructures the terms of senior notes held by the investors. Medical Resources had fallen into technical default on the
Imaging services provider Medical Resources of Hackensack, NJ, has completed an agreement with a group of corporate bond holders that restructures the terms of senior notes held by the investors. Medical Resources had fallen into technical default on the notes because of covenants that required it to maintain a certain level of net income (SCAN 9/2/98).
Under the restructured deal, the bond holders agreed to waive the companys defaults and modify the terms of the notes to relax the net income provisions. Medical Resources has agreed to prepay $2 million in principal out of a total of $78 million, issue stock purchase warrants to the note holders, and pay a higher interest rate on the notes.
Study Shows No Impact of Hormone Therapy on PET/CT with 18F-Piflufolastat in PCa Imaging
May 7th 2025For patients with recurrent or metastatic prostate cancer, new research findings showed no significant difference in the sensitivity of 18F-piflufolastat PET/CT between patients on concurrent hormone therapy and those without hormone therapy.
