Sotera Health refinances revolver to 2029; selling shareholders sell 28.75M shares

Sotera Health Co

Amended credit agreement: new $83M revolver commitments, $37.5M additional LC commitments; total revolver unchanged at $423.75M.
Revolving facility maturity extended to March 1, 2029 (or 91 days before term loan maturity).
Selling stockholders sold 28,750,000 shares at $14.3075/share on March 4, 2024; company received no proceeds.
No other material changes to credit agreement covenants or terms.
Amendment No. 3 effective March 1, 2024; underwriting agreement dated February 28, 2024.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sotera Health Co amended Amendment No. 3 with JPMorgan Chase Bank, N.A., as First Lien Administrative Agent and the lenders and issuing banks party thereto (effective 2024-03-01).

Action: amendment
Agreement: credit facility
Counterparty: JPMorgan Chase Bank, N.A., as First Lien Administrative Agent and the lenders and issuing banks party thereto
Effective: 2024-03-01

Exact text from the filing

On March 1, 2024, Sotera Health Company (the “Company”) and Sotera Health Holdings, LLC (“SHH”) entered into Amendment No. 3 (the “Amendment”) to the First Lien Credit Agreement dated as of December 13, 2019 by and among the Company, SHH, certain subsidiaries of the Company, JPMorgan Chase Bank, N.A., as First Lien Administrative Agent and the lenders and issuing banks party thereto (the “Credit Agreement”).

View on SEC.gov

737 material agreements filed in the last 30 days. Browse all material agreements →

Sotera Health Co filing history →

Source: SEC EDGAR

accession 0001193125-24-058025

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.