Exhibit 99.1
Alliance Imaging Announces
Proposed Private Offering of $125 Million of Senior Subordinated
Notes
ANAHEIM, Calif., Nov.
28, 2007 (BUSINESS WIRE) — Alliance Imaging, Inc. (NYSE:AIQ),
announced today that it intends to offer, subject to market and
other conditions, $125 million aggregate principal amount of senior
subordinated notes in a private offering.
Alliance Imaging
intends to use the net proceeds of the offering to repay borrowings
under and terminate its Acquisition Credit Agreement, dated as of
November 5, 2007. The remaining proceeds will be used for
funding future acquisitions and general corporate
purposes.
The notes have not been
and will not be registered under the Securities Act of 1933, as
amended (the “Act”), and are being offered and sold in
the United States only to qualified institutional buyers in
reliance on Rule 144A under the Act and to certain non-U.S. persons
in transactions outside the United States in reliance on Regulation
S under the Act. Prospective purchasers that are qualified
institutional buyers are hereby notified that the seller of the
notes may be relying on the exemption from the provisions of
Section 5 of the Act provided by Rule 144A.
This press release
shall not constitute an offer to sell or the soli