Research Update: Mirion Technologies Inc. 'B' Corporate Credit Rating Affirmed; New First-Lien And Second-Lien Debt Rated 'B/B-' - S&P Global Ratings’ Credit Research

Research Update: Mirion Technologies Inc. 'B' Corporate Credit Rating Affirmed; New First-Lien And Second-Lien Debt Rated 'B/B-'

Research Update: Mirion Technologies Inc. 'B' Corporate Credit Rating Affirmed; New First-Lien And Second-Lien Debt Rated 'B/B-' - S&P Global Ratings’ Credit Research
Research Update: Mirion Technologies Inc. 'B' Corporate Credit Rating Affirmed; New First-Lien And Second-Lien Debt Rated 'B/B-'
Published Jan 08, 2015
7 pages (2159 words) — Published Jan 08, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Private-equity firm Charterhouse Capital Partners is acquiring U.S.-based radiation detection and monitoring products and services provider Mirion Technologies Inc. and refinancing the company's existing debt. We are affirming our 'B' corporate credit rating on Mirion. We are also assigning our 'B' issue rating and '3' recovery rating to the proposed $315 million first-lien credit facility co-issued by parent borrower Mirion Technologies (Finance) LLC and a 'B-' issue rating and a '5' recovery rating to the proposed $65 million second-lien term loan. The stable outlook reflects our expectation that modest revenue growth and stable EBITDA margins should lead to positive trends in operating performance and slowly improve credit measures. On Jan. 8, 2015, Standard&Poor's Ratings Services affirmed its 'B'

  
Brief Excerpt:

... is acquiring U.S.-based radiation detection and monitoring products and services provider Mirion Technologies Inc. and refinancing the company's existing debt....

  
Report Type:

Research Update

Ticker
MION
Issuer
GICS
Electronic Equipment Manufacturers (45203010)
Sector
Global Issuers
Country
Region
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Mirion Technologies Inc. 'B' Corporate Credit Rating Affirmed; New First-Lien And Second-Lien Debt Rated 'B/B-'" Jan 08, 2015. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Mirion-Technologies-Inc-B-Corporate-Credit-Rating-Affirmed-New-First-Lien-And-Second-Lien-Debt-Rated-B-B-1378592>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Mirion Technologies Inc. 'B' Corporate Credit Rating Affirmed; New First-Lien And Second-Lien Debt Rated 'B/B-' Jan 08, 2015. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Mirion-Technologies-Inc-B-Corporate-Credit-Rating-Affirmed-New-First-Lien-And-Second-Lien-Debt-Rated-B-B-1378592>
  
US$ 225.00
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