Varex Imaging Corp, founded in 2017 and headquartered in Salt Lake City, Utah, specializes in the development, manufacturing, and distribution of medical imaging components and software. The company offers a wide range of products, including X-ray tubes, detectors, and other imaging solutions primarily used in medical and industrial applications.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VREX 7.88% 2027-10-15 USDVarex Imaging Corp | United States | 2027-10-15 | 7.875 | 7.03 |
| VREX 7.88% 2027-10-15 USDVarex Imaging Corp | United States | 2027-10-15 | 7.875 | 6.91 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Varex began issuing bonds in 2017, shortly after its foundation, as part of its strategy to raise capital for growth and innovation. Notably, the company issued $200 million in senior unsecured notes in 2021, which offered a yield of 5.25%, aligning competitively with industry standards at the time. With a focus on strengthening its balance sheet, Varex's bond offerings have drawn attention from investors looking for exposure to the medical imaging sector.