Old National Bank announced on February 11, 2025, that it successfully closed a $15 million senior debt facility with United Theranostics. United Theranostics is a leading provider of radiopharmaceutical therapy and molecular imaging for cancer treatment.
The proceeds from this facility will be utilized by United Theranostics to fund the expansion of its nationwide network of clinics. The company plans to establish up to eight new centers across the U.S. within the next 12 months, modeled after its founding site in Glen Burnie, MD, and a new facility in Princeton, N.J.
This lending partnership provides United Theranostics with a strong financial partner to accelerate its clinic growth throughout 2025 and 2026. For Old National Bank, this represents a significant new commercial lending relationship, supporting growth in the specialized healthcare sector.
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