Mirion Technologies Launches Offering of Securities

BY MT Newswires | CORPORATE | 09/24/25 04:59 PM EDT

04:59 PM EDT, 09/24/2025 (MT Newswires) -- Mirion Technologies (MIR) said late Wednesday it plans to offer $250 million of convertible senior notes due 2031 to institutional buyers.

The company will grant underwriters a 13-day overallotment option to buy up to an additional $37.5 million of the notes, the company said.

Separately, the company said it launched a public offering of $350 million of class A common shares. It plans to offer underwriters a 30-day overallotment option to buy up to an additional $50 million of the stock.

Net proceeds from both the offerings will be used to cover the cost of capped call transactions, finance its acquisition of the outstanding membership interests of WCI-Gigawatt Intermediate Holdco, and for general corporate purposes, the company said.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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