Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Mirion Technologies Inc. > News item |
Mirion Technologies to launch $450 million term loan on Tuesday
By Sara Rosenberg
New York, Feb. 8 – Mirion Technologies Inc. is scheduled to hold a bank meeting at 10:30 a.m. ET in New York on Tuesday to launch a $450 million first-lien term loan, according to a market source.
The company is also seeking a $90 million revolving credit facility, the source said.
Morgan Stanley Senior Funding Inc. and Goldman Sachs Bank USA are the joint lead arrangers and global bookrunners on the senior secured deal, and J.P. Morgan Chase Bank and HSBC Securities (USA) INC are bookrunners. Morgan Stanley is the administrative agent.
Proceeds will be used with a privately placed €125 million first-lien term loan to refinance existing debt and pay related fees and expenses.
Mirion Technologies is a provider of radiation detection, measurement, analysis, and monitoring products to nuclear power, medical, military, and homeland security markets.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.