debt
confidence high
sentiment neutral
materiality 0.45
Mirion allocates $450M term loan tranche maturing 2032 to refinance existing debt
Mirion Technologies, Inc.
- $450M Replacement Term Loans maturing 2032; margin SOFR+2.00% or ABR+1.00%.
- 25 bps rate reduction upon achieving Ba3 (Moody's) / BB- (S&P) corporate ratings.
- Proceeds to refinance all outstanding term loans under existing Credit Agreement.
- Closing expected in Q4 2025; subject to conditions.