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Fonar enters OceanFirst Bank credit agreement with USD 20 million term loan, USD 15 million revolver

PUBT·06/03/2026 20:12:24
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Fonar enters OceanFirst Bank credit agreement with USD 20 million term loan, USD 15 million revolver
  • Fonar entered a credit agreement with OceanFirst Bank tied to its merger closing.
  • Facility includes a USD 20 million term loan plus a USD 15 million revolving credit line.
  • Borrowings are secured by a first-priority lien on substantially all borrower and guarantor assets, subject to customary exceptions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fonar Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-255449), on June 03, 2026, and is solely responsible for the information contained therein.