debt
confidence high
sentiment neutral
materiality 0.60
Mirion refinances existing term loans with new $450M tranche maturing 2032
Mirion Technologies, Inc.
- Amendment No. 6 creates $450M Replacement Term Loans maturing June 5, 2032, to repay all prior term loans.
- Interest margin: Term SOFR + 2.00% or ABR + 1.00%, with 25 bps reduction upon achieving Ba3/BB- ratings.
- Borrowers include Mirion IntermediateCo and Mirion Technologies entities; Citibank remains administrative agent.
- Prepayment premium of 1% applies if repriced within six months of closing.