Mirion Technologies Files 8-K for Material Agreement

TL;DR

Mirion Tech signed a big deal, could affect finances.

AI Summary

On May 22, 2024, Mirion Technologies, Inc. entered into a material definitive agreement, likely related to financing or a significant operational change. The filing also indicates the creation of a direct financial obligation or an off-balance sheet arrangement for the registrant. Specific details regarding the agreement, the nature of the obligation, and any associated dollar amounts or parties involved are not provided in this summary section of the filing.

Why It Matters

This filing signals a significant corporate event for Mirion Technologies, potentially impacting its financial structure or strategic direction.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and a new financial obligation, which could introduce financial or operational risks.

Key Players & Entities

• Mirion Technologies, Inc. (company) — Registrant
• GS Acquisition Holdings Corp II (company) — Former Company Name

FAQ

Key Financial Figures

• $0.0001 — which registered Class A common stock, $0.0001 par value per share MIR New York Stock
• $694,625,000 — t. Amendment No. 3 provides for a new $694,625,000 tranche of term loans maturing in 2028

Filing Documents

• mir-20240522.htm (8-K) — 28KB
• ex-101mirion2024repricingx.htm (EX-10.1) — 2643KB
• 0001628280-24-024763.txt ( ) — 3182KB
• mir-20240522.xsd (EX-101.SCH) — 2KB
• mir-20240522_lab.xml (EX-101.LAB) — 21KB
• mir-20240522_pre.xml (EX-101.PRE) — 12KB
• mir-20240522_htm.xml (XML) — 3KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. Credit Agreement Refinancing On May 22, 2024, Mirion IntermediateCo, Inc. ("Holdings"), Mirion Technologies (US Holdings), Inc. and Mirion Technologies (US), Inc. (together with Mirion Technologies (US Holdings), Inc., the "Borrowers") entered into Amendment No. 3 to Credit Agreement ("Amendment No. 3") which amends the Credit Agreement, dated as of October 20, 2021 (as amended by the Agreement and Amendment No. 1 to Credit Agreement, dated as of November 22, 2021, as further amended by Amendment No. 2 to Credit Agreement, dated as of June 23, 2023, as further modified by the Holdings Assumption Agreement, dated as of December 30, 2023, and as further amended, restated, supplemented or otherwise modified, refinanced or replaced from time to time, the "Credit Agreement"), by and among the Borrowers, Holdings, the lending institutions from time to time party thereto, and Citibank, N.A as the Administrative Agent, the Collateral Agent and a Letter of Credit Issuer. Capitalized terms used herein, but not otherwise defined herein are as defined in the Credit Agreement. Amendment No. 3 provides for a new $694,625,000 tranche of term loans maturing in 2028 (the "Replacement Term Loans"), the proceeds of which were used to refinance all outstanding Initial Term Loans under the Credit Agreement outstanding immediately prior to giving effect to the Amendment (including payment of fees and expenses in connection therewith). Pursuant to Amendment No. 3, the Applicable Margin is (i) 2.25% for the Replacement Term Loans that are Term SOFR Loans and (ii) 1.25% for the Replacement Term Loans that are ABR Loans. The Replacement Term Loans were issued with no upfront fees and with a SOFR credit spread adjustment of 0.00%. The foregoing description of Amendment No. 3 is qualified in its entirety by reference to the full text of Amendment No. 3, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorpo

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits EXHIBIT INDEX Exhibit Number Description 10.1 Amendment No. 3 to Credit Agreement by and among Mirion IntermediateCo, Inc., Mirion Technologies (US Holdings), Inc. and Mirion Technologies (US), Inc., the other Credit Parties party thereto, the lending institutions from time to time party thereto and Citibank, N.A., effective as of May 22, 2024 . 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 22, 2024 Mirion Technologies, Inc. By: /s/ Brian Schopfer Name: Brian Schopfer Title: Chief Financial Officer