Sotera Health Co. Secures Amended Credit Agreement with JPMorgan, Reducing Interest Rate Spread by 0.50% on $1.423 Billion Loan

Reuters
2025.09.18 21:02
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Sotera Health Co. has amended its First Lien Credit Agreement with JPMorgan, reducing the interest rate spread by 0.50% on a $1.423 billion loan. The amendment, effective September 17, 2025, involves a repayment of $75 million in outstanding borrowings and sets the interest margin at Adjusted Term SOFR plus 2.50%. The loans include a 1.00% soft call premium within six months and will amortize at 1.00% per annum, maturing on May 30, 2031.