STERIS plc (STE) — Form 8-K: Current report

STERIS plc announced that its subsidiary STERIS Irish FinCo Unlimited Company priced an offering of $1.5 billion in aggregate principal amount of senior notes. The offering consists of $750 million of 2033 Notes bearing interest at 5.650% and $750 million of 2036 Notes bearing interest at 5.875%. The company intends to use the net proceeds, along with term loan borrowings and cash on hand, to fund the acquisition of Xodus Medical, Inc., transaction expenses, and general corporate needs.