{"schema_version":"secwatch.filing_event.v1","accession":"0001822479-24-000029","form_type":"8-K","ticker":"SHC","cik":"0001822479","company_name":"Sotera Health Co","filed_at":"2024-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.398445+00:00","generated_at":"2026-06-01T07:27:33.606696+00:00","sec_items":["1.01","1.02","2.03","3.03","7.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sotera Health closes $1.51B term loan and $750M notes, refinances existing debt, expects $5M interest savings in 2024","bullets":["Closed $1.509B Term Loan B (SOFR+3.25% or ABR+2.25%, 0% floor) and $750M 7.375% senior secured notes, both due 2031.","Proceeds from financings plus cash on hand used to refinance $1.76B and $496.3M existing term loans due 2026; prior credit agreement terminated.","2024 interest expense guidance reduced to $165M-$175M from prior range due to ~$5M annualized savings from lower rates.","Term loan amortizes at 1% per year ($15.1M annually) with balance due in 2031; notes may be redeemed at stated premiums starting June 2027.","Covenants limit dividends, additional debt, liens, investments, and asset sales; covenants suspend if notes achieve investment-grade rating."],"urls":{"canonical":"https://secwatch.observer/filing/0001822479-24-000029","json":"https://secwatch.observer/filing/0001822479-24-000029.json","markdown":"https://secwatch.observer/filing/0001822479-24-000029.md","text":"https://secwatch.observer/filing/0001822479-24-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822479/000182247924000029/0001822479-24-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822479/000182247924000029/shc-20240530.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T07:27:33.606696+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}