Standard&Poor's Ratings Services derives its 'B' corporate credit rating on Mirion Technologies Inc. from: Our anchor of 'b', based on our "weak" business risk and "highly leveraged" financial risk profile assessments for the company. Our selection of a 'b' anchor instead of a 'b-', based on the strength of the company's cash flow and leverage ratios compared with issuers with 'b-' anchor outcomes. The modifiers, which had no impact on the rating outcome. Limited scope of operations; Concentration in the nuclear end market; Good global position in a narrow niche market; and Sizable installed base with good margins. "Highly leveraged" financial risk profile, taking into account the preferred stock instrument; and Modest free cash flow generation. The outlook
