secwatch.observer — SEC 8-K summary
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Issuer:     Mirion Technologies, Inc. (MIR)
CIK:        0001809987
Form:       8-K
Filed at:   2025-05-23T23:59:59+00:00
Accession:  0001628280-25-027605
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mirion prices upsized $400M 0.25% convertible notes due 2030; repays $250M term loan
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- $400M aggregate principal (including $50M option exercise) of 0.25% convertible senior notes due 2030.
- Initial conversion price ~$23.11 per share, a 32.5% premium to $17.44 closing price.
- Net proceeds ~$387.7M; used $44.6M for capped calls, $250M to repay term loan, $31M for share repurchase at $17.44.
- Capped call transactions cap dilution at $34.88 per share (100% premium); cannot redeem notes before June 2028.
- Notes mature June 1, 2030; interest 0.25% payable semiannually starting Dec 1, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809987/000162828025027605/0001628280-25-027605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809987/000162828025027605/mir-20250520.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-027605

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