debt
confidence high
sentiment neutral
materiality 0.50
Mirion completes credit amendment; revolving commitments increased to $175M, maturity extended to March 2030
Mirion Technologies, Inc.
- Revolving credit commitments raised from $90M to $175M.
- Maturity of revolver extended to March 21, 2030, with springing condition tied to term loan balance.
- Applicable margin set at 1.25% for Term SOFR loans and 0.25% for base rate loans at sub-3.35x leverage.
- Certain other amendments detailed in Exhibit 10.1 to the 8-K.