Sotera Health refinances $1.42B term loan, cuts interest rate by 25 basis points

Filed May 20, 2026 · Period ending May 20, 2026 · ~1 min read

Key Changes

• high

  Refinanced $1.42 billion term loan facility, reducing interest rate spread from SOFR+2.50% to SOFR+2.25%, lowering annual interest expense and improving cash flow.

  Item 1.01 verify on EDGAR →
• medium

  Extended debt maturity to May 2031 with 1% annual amortization, providing greater financial flexibility and pushing out refinancing risk.

  Item 1.01 verify on EDGAR →
• medium

  New loans include 1% soft call premium if refinanced within six months, protecting lenders from immediate re-pricing but limiting near-term flexibility.

  Item 1.01 verify on EDGAR →