---
schema_version: "secwatch.filing_event.v1"
accession: "0000072331-23-000024"
form_type: "8-K"
ticker: "NDSN"
cik: "0000072331"
company_name: "NORDSON CORP"
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T12:05:04.323118+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Nordson enters $200M delayed draw term loan facility with PNC Bank; matures April 2024

## Summary
- Facility is unsecured, delayed draw; borrowings must occur by April 18, 2023.
- Maturity date April 30, 2024; interest based on base rate or SOFR plus margin tied to leverage ratio.
- Proceeds for general corporate purposes, may include repayment of indebtedness.
- Borrowers are Nordson Corporation and its subsidiary Nordson Engineering GmbH.

## SEC filing metadata
- accession: 0000072331-23-000024
- form_type: 8-K
- ticker: NDSN
- cik: 0000072331
- company_name: NORDSON CORP
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72331/000007233123000024/0000072331-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72331/000007233123000024/ndsn-20230118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072331-23-000024
- JSON: https://secwatch.observer/filing/0000072331-23-000024.json
- Plain text: https://secwatch.observer/filing/0000072331-23-000024.txt

## Key facts
- Debt Financings
  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
  source text: The Term Loan Agreement provides for a delayed draw term loan facility in the aggregate principal amount of $200.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/72331/000007233123000024/0000072331-23-000024-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/72331/000007233123000024/0000072331-23-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.