STE · STERIS plc · Documents
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STERIS plc and certain subsidiaries registered a shelf for debt securities, guarantees, ordinary and preferred shares, warrants, and units, to be sold in future offerings. Net proceeds are expected for general corporate purposes, with final terms set in prospectus supplements.
STERIS agreed to acquire Xodus Medical for approximately $2.1 billion in cash at closing, plus potential earnout consideration of up to $150.0 million, and expects to close by December 31, 2026.
On November 4, 2026, STERIS plc entered a $1,600 million revolving credit facility, replacing the October 7, 2024 agreement, and arranged up to $500 million of delayed-draw term financing contingent on the Xodus Medical, Inc. acquisition closing.
STERIS plc reported fiscal 2027 second-quarter revenue growth of 9% and diluted EPS of $2.19 for the quarter ended September 30, 2026, while raising its fiscal 2027 adjusted diluted EPS outlook to $11.35 to $11.55.
STERIS plc agreed to acquire Xodus Medical, Inc. for $2.1 billion cash at closing, plus potential earnout consideration of up to $150 million tied to calendar 2028 performance targets. Closing is anticipated by December 31, 2026, subject to regulatory approvals.