debt
confidence high
sentiment neutral
materiality 0.55
Mirion allocates $450M term loans to refinance existing debt; maturity 2032
Mirion Technologies, Inc.
- $450M Replacement Term Loans allocated; expected to mature in 2032.
- Applicable margins: 2.25% SOFR, 1.25% ABR; 25bps reduction upon achieving Ba3/BB- ratings.
- Proceeds to refinance all outstanding Term Loans under existing Credit Agreement; expected close Q2 2025.
- SOFR credit spread adjustment of 0.00% and floor of 0.00%.
item 8.01item 9.01