Brief: Sotera Health Confirms Preliminary 2022 Full-Year Guidance In Conjunction With Incremental Debt Financing

Sotera Health

13/02/2023 12:26

Feb 13 (Reuters) - Sotera Health Co  SHC.O :
    * SOTERA HEALTH CONFIRMS PRELIMINARY 2022 FULL-YEAR GUIDANCE
IN
CONJUNCTION WITH INCREMENTAL DEBT FINANCING
    * SOTERA HEALTH CO - INTENTION TO ENTER INTO A NEW SENIOR
SECURED
TERM LOAN B FACILITY IN AN AGGREGATE PRINCIPAL AMOUNT OF $425
MILLION
    * SOTERA HEALTH - REAFFIRMING EXPECTATION 2022 FULL-YEAR NET
REVENUES WILL BE WITHIN PREVIOUSLY ANNOUNCED GUIDANCE RANGE OF
$995 MILLION TO $1.005 BILLION
    * SOTERA HEALTH CO- 2022 FULL-YEAR NET LOSS IS EXPECTED TO
BE IN A
RANGE OF $226 MILLION TO $236 MILLION
    * SOTERA HEALTH CO - PLANS TO USE PROCEEDS OF DEBT FINANCING
TO
FUND PREVIOUSLY ANNOUNCED $408 MILLION ETHYLENE OXIDE LITIGATION
SETTLEMENT IN COOK COUNTY

Source text for Eikon:  ID:nGNX1dQwlR 
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