Brief: Mirion Technologies Announces $150 Million Investment From T. Rowe Price, Priced At-The-Market

Mirion Technologies

21/02/2023 12:37

Feb 21 (Reuters) - Mirion Technologies Inc  MIR.N :
    * MIRION TECHNOLOGIES ANNOUNCES $150 MILLION INVESTMENT FROM
T.
ROWE PRICE, PRICED AT-THE-MARKET
    * MIRION TECHNOLOGIES INC - MIRION IS INCREASING ITS
ADJUSTED FREE
CASH FLOW GUIDANCE FOR 2023 TO A RANGE OF $58 MILLION - $78
MILLION
    * MIRION TECHNOLOGIES INC - INTENDS TO USE APPROXIMATELY
$125
MILLION TO PAY DOWN DEBT
    * MIRION TECHNOLOGIES: FUNDS AND ACCOUNTS ADVISED BY T. ROWE
PRICE
INVESTMENT MANAGEMENT TO BUY 17.1 MILLION SHARES OF CO AT $8.75
PER SHARE
    * MIRION TECHNOLOGIES- EXPECT COMBINED BENEFIT OF DEBT
REDUCTION &
DECREASED INTEREST EXPENSE TO IMPROVE NET LEVERAGE RATIO TO
ABOUT 3.1X BY END OF 2023

Source text for Eikon:  ID:nBw9Q4xNWa 
Further company coverage:  MIR.N 
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