diff --git a/sstables/sstables_manager.cc b/sstables/sstables_manager.cc
index db755b1e4c..bd76a4bbe5 100644
--- a/sstables/sstables_manager.cc
+++ b/sstables/sstables_manager.cc
@@ -189,7 +189,7 @@ future<> sstables_manager::components_reclaim_reload_fiber() {
 
     sstlog.trace("components_reloader_fiber start");
     while (true) {
-        co_await _sstable_deleted_event.when();
+        co_await _components_memory_change_event.when();
 
         if (_closing) {
             co_return;
@@ -269,7 +269,7 @@ void sstables_manager::deactivate(sstable* sst) {
 void sstables_manager::remove(sstable* sst) {
     _undergoing_close.erase(_undergoing_close.iterator_to(*sst));
     delete sst;
-    _sstable_deleted_event.signal();
+    _components_memory_change_event.signal();
     maybe_done();
 }
 
@@ -304,7 +304,7 @@ future<> sstables_manager::close() {
     co_await _done.get_future();
     co_await _sstable_metadata_concurrency_sem.stop();
     // stop the components reload fiber
-    _sstable_deleted_event.signal();
+    _components_memory_change_event.signal();
     co_await std::move(_components_reloader_status);
 }
 
diff --git a/sstables/sstables_manager.hh b/sstables/sstables_manager.hh
index a88ba6646c..f7418e29a2 100644
--- a/sstables/sstables_manager.hh
+++ b/sstables/sstables_manager.hh
@@ -108,8 +108,8 @@ private:
     size_t _total_memory_reclaimed{0};
     // Set of sstables from which memory has been reclaimed
     set_type _reclaimed;
-    // Condition variable that gets notified when an sstable is deleted
-    seastar::condition_variable _sstable_deleted_event;
+    // Condition variable that needs to be notified when an sstable is created or deleted
+    seastar::condition_variable _components_memory_change_event;
     future<> _components_reloader_status = make_ready_future<>();
 
     bool _closing = false;