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Siemens Grants $50M Loan to Tri-State Imaging Group; Anthony Casciano Comments

Siemens Grants $50M Loan to Tri-State Imaging Group; Anthony Casciano Comments - top government contractors - best government contracting event
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SIEMENS logo_ExecutiveBizSiemens‘ financial services arm has granted Tri-State Imaging Group a five-year loan worth $50 million to help refinance current debt and to acquire additional medical imaging equipment in Florida.

Tri-State plans to use the funds to finance an ongoing equipment maintenance service contract with Siemens Healthcare and to order 16 imaging centers for Tri-State’s planned business expansion in the U.S., Siemens said Monday.

Anthony Casciano, CEO of Siemens’ project, structured and leveraged finance healthcare division, said the financial package is intended to show how SFS can assist Tri-State’s business and build the group’s relationship with Siemens Healthcare.

SFS is a business-to-business financial provider that aims to assist investments and provide finances for the healthcare, energy, infrastructure and cities and industry sectors.

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Written by Elizabeth Leigh

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