secwatch.observer — SEC 8-K summary
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Issuer:     Mirion Technologies, Inc. (MIR)
CIK:        0001809987
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001628280-23-004146
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Mirion raises $150M from T. Rowe Price at $8.75/share; updates 2023 adjusted FCF guidance to $58M-$78M
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- T. Rowe Price funds invest $150M for 17.14M shares at $8.75/share (closing price on Feb 17).
- Mirion to use ~$125M to repay debt, targeting net leverage ratio of ~3.1x by end of 2023.
- Updated 2023 adjusted free cash flow guidance raised to $58M-$78M due to lower interest expense.
- Net interest expense expected ~$60M; shares outstanding ~197M (Class A common).
- Offering expected to close Feb 23, 2023, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809987/000162828023004146/0001628280-23-004146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809987/000162828023004146/mir-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-004146

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer