Nordson amends credit agreement to replace LIBOR with SOFR and other benchmarks

NORDSON CORP

First Amendment to Third Amended and Restated Credit Agreement dated April 17, 2023.
USD revolving loans benchmark changed to Term SOFR plus 0.10% adjustment.
Euro loans benchmark changed to EURIBOR; Sterling loans to SONIA plus 0.0326%.
Yen loans benchmark changed to TIBOR; other material terms remain unchanged.
Amendment triggered by LIBOR phase-out; no change to overall credit facility size or covenants.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NORDSON CORP amended First Amendment with KeyBank National Association, as administrative agent (effective 2023-04-17).

Action: amendment
Agreement: credit facility
Counterparty: KeyBank National Association, as administrative agent
Effective: 2023-04-17

Exact text from the filing

On April 17, 2023, Nordson Corporation (the “Company”) entered into a First Amendment (the “First Amendment”) to the Third Amended and Restated Credit Agreement, dated April 30, 2019, among Nordson Corporation and KeyBank National Association, as administrative agent (the “Credit Agreement”).

View on SEC.gov

273 material agreements filed in the last 30 days. Browse all material agreements →

NORDSON CORP filing history →

Source: SEC EDGAR

accession 0000072331-23-000089

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.