Mirion Technologies Inc. has announced a significant amendment to its existing credit agreement, enhancing its financial flexibility. On June 5, 2025, Mirion IntermediateCo, Inc., along with Mirion Technologies (US Holdings), Inc. and Mirion Technologies (US), Inc., entered into Amendment No. 5 to their Credit Agreement with various lending institutions and Citibank, N.A. as the Administrative and Collateral Agent. This amendment introduces a new $450 million tranche of term loans maturing in 2032, aimed at refinancing all outstanding term loans under the existing agreement. The amendment offers a favorable interest rate structure, with potential reductions based on corporate ratings from Moody's and S&P. Additionally, the amendment provides Mirion Technologies with increased flexibility regarding dividends, investments, and debt management. This strategic financial move is expected to support the company's growth and operational objectives.
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