Lantheus to sell 5M shares of stock

Lantheus Holdings, parent company of Lantheus Medical Imaging, said it plans to sell 5.2 million shares of common stock in a public offering.

The company will use the proceeds along with cash on hand to pay down approximately $55 million of an outstanding principal balance under its senior secured credit facilities.

Credit Suisse and Jefferies will act as underwriters for the stock offering, Lantheus said.

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