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Varex Imaging (VREX) commenced a $300M private offering of senior secured notes due 2027. Proceeds will be used to pay in full all amounts outstanding under its existing credit facility, which includes its term loan and revolving credit facility, and for general corporate purposes.Concurrent with the proposed Offering, the company expects to enter into a new senior secured asset-based revolving credit facility for total of up to $100M. Source: Press Release