STE · 10-Q · 2026Q3 · Full report

Liquidity and Debt Position

STERIS plc · 2026-11-05 · Importance 36 · Surprise 14

Commercial commitments were approximately $160.3 million at September 30, 2026, down $1.0 million from March 31, 2026. STERIS had no outstanding borrowings under its Revolving Credit Facility and $5.3 million of letters of credit outstanding at September 30, 2026. The New Revolving Credit Facility provided approximately $1.6 billion of availability, net of outstanding letters of credit.

Key facts

• Upon entering the New Revolving Credit Agreement, STERIS had approximately $1.6 billion of availability under the New Revolving Credit Facility, net of outstanding letters of credit. source
• STERIS repaid $125.0 million of Private Placement Senior Notes during the first six months of fiscal 2026. source
• STERIS had approximately $160.3 million of commercial commitments at September 30, 2026, a net decrease of $1.0 million in surety bonds and other commercial commitments from March 31, 2026. source
• STERIS used $37.8 million in net payments under credit facilities in the first six months of fiscal 2027, compared with $34.8 million in the first six months of fiscal 2026. source
• STERIS had no outstanding borrowings under its Revolving Credit Facility as of September 30, 2026. source
• STERIS identifies its level of indebtedness as a risk that could limit financial flexibility or increase future borrowing costs. source
• STERIS identifies changes in credit availability and pricing, and the ability of STERIS and its customers and suppliers to access credit markets on favorable terms or at all, as risks. source
• STERIS may need to raise additional funds through additional borrowings or equity securities if existing and anticipated cash sources are insufficient to fund future activities. source