secwatch / observer
8-K filed January 23, 2023, 6:59 PM ET ticker NDSN CIK 0000072331
debt confidence high sentiment neutral materiality 0.35

NORDSON CORP (NDSN): debt financing — Nordson enters $200M delayed draw term loan facility with PNC Bank; matures April 2024

NORDSON CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

NORDSON CORP incurred credit facility of $200.0 million with PNC Bank, National Association, as Administrative Agent and Lender at base rate or a SOFR rate ... plus, in each case, an applicable margin maturing April 30, 2024.

Instrument
credit facility
Principal
$200.0 million
Counterparty
PNC Bank, National Association, as Administrative Agent and Lender
Rate
base rate or a SOFR rate ... plus, in each case, an applicable margin
Maturity
April 30, 2024
Event
incurrence
Exact text from the filing
The Term Loan Agreement provides for a delayed draw term loan facility in the aggregate principal amount of $200.0 million
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NORDSON CORP entered into Term Loan Agreement with PNC Bank, National Association, as Administrative Agent and Lender valued at $200.0 million (effective 2023-01-18).

Action
entry
Agreement
credit facility
Counterparty
PNC Bank, National Association, as Administrative Agent and Lender
Value
$200.0 million
Effective
2023-01-18
Exact text from the filing
On January 18, 2023, Nordson Corporation (the “Company”) and its subsidiary, Nordson Engineering GmbH, (“Nordson GmbH” and together with the Company, the “Borrowers”), entered into a Term Loan Agreement (the “Term Loan Agreement”) with PNC Bank, National Association, as Administrative Agent and Lender (the “Lender”), and PNC Capital Markets LLC, as Sole Lead Arranger and Sole Bookrunner. The Term Loan Agreement provides for a delayed draw term loan facility in the aggregate principal amount of $200.0 million (the “Term Loan Facility”).
View on SEC.gov

101 debt financings filed in the last 30 days. Browse all debt financings →

NORDSON CORP filing history →

Source: SEC EDGAR
accession 0000072331-23-000024
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