Research Update: Mirion Technologies Inc. Outlook Revised To Negative On Elevated Leverage; Ratings Affirmed - S&P Global Ratings’ Credit Research

Research Update: Mirion Technologies Inc. Outlook Revised To Negative On Elevated Leverage; Ratings Affirmed

Research Update: Mirion Technologies Inc. Outlook Revised To Negative On Elevated Leverage; Ratings Affirmed - S&P Global Ratings’ Credit Research
Research Update: Mirion Technologies Inc. Outlook Revised To Negative On Elevated Leverage; Ratings Affirmed
Published Jan 26, 2016
Published Jan 26, 2016
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

U.S.-based radiation detection and monitoring company Mirion Technologies Inc.'s reported revenues have been adversely affected by foreign-exchange (FX) headwinds and project deferrals. We expect that the company's credit metrics will remain stretched through 2016, even on a currency neutral basis. Therefore, we are revising our outlook on Mirion Technologies Inc. to negative from stable. At the same time, we are affirming all of our ratings on the company. The negative outlook reflects that we could lower our ratings on Mirion if the company's operating performance weakens and its leverage remains elevated. On Jan. 26, 2016, Standard&Poor's Ratings Services revised its outlook on San Ramon, Calif.-based Mirion Technologies Inc. to negative from stable and affirmed its 'B' corporate credit

  
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. Outlook Revised To Negative On Elevated Leverage; Ratings Affirmed" Jan 26, 2016. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Mirion-Technologies-Inc-Outlook-Revised-To-Negative-On-Elevated-Leverage-Ratings-Affirmed-1568070>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Mirion Technologies Inc. Outlook Revised To Negative On Elevated Leverage; Ratings Affirmed Jan 26, 2016. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Mirion-Technologies-Inc-Outlook-Revised-To-Negative-On-Elevated-Leverage-Ratings-Affirmed-1568070>
  
US$ 225.00
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