Mirion Technologies Secures $450 Million Term Loan Maturing in 2032

Reuters12-09
<a href="https://laohu8.com/S/MIR">Mirion</a> Technologies Secures $450 Million Term Loan Maturing in 2032

Mirion Technologies Inc., through its subsidiaries, has entered into Amendment No. 6 to its existing Credit Agreement, originally dated October 20, 2021, with Citibank, N.A. serving as Administrative Agent and Collateral Agent. The amendment establishes a new $450 million tranche of term loans, known as the Replacement Term Loans, set to mature on June 5, 2032. Proceeds from these loans, combined with other cash sources, were used to refinance all previously outstanding term loans under the agreement. The new loans carry an applicable margin of 2.00% for Term SOFR Loans and 1.00% for ABR Loans, with potential reductions based on improved corporate credit ratings. A 1% prepayment premium applies if the loans are repriced within six months.

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