---
schema_version: "secwatch.filing_event.v1"
accession: "0000072331-23-000110"
form_type: "8-K"
ticker: "NDSN"
cik: "0000072331"
company_name: "NORDSON CORP"
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T06:56:18.233445+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nordson upsizes term loan to $300M and renews $850M revolver in new $1.15B credit facility

## Summary
- New $1.15B unsecured credit agreement: $300M term loan (3-yr) and $850M revolver (5-yr) with $75M swingline.
- Term loan fully drawn on closing; revolver permits multi-currency borrowings (USD, EUR, GBP, CHF, SGD, JPY).
- Applicable margins: 0.85%-1.20% for Eurodollar/SOFR loans and 0%-0.20% for base rate loans, based on leverage ratio.
- Prior $200M term loan and $850M revolver terminated simultaneously.
- Proceeds for working capital, acquisitions, general corporate purposes, including refinancing existing debt.

## SEC filing metadata
- accession: 0000072331-23-000110
- form_type: 8-K
- ticker: NDSN
- cik: 0000072331
- company_name: NORDSON CORP
- filed_at: 2023-06-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72331/000007233123000110/0000072331-23-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72331/000007233123000110/ndsn-20230606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072331-23-000110
- JSON: https://secwatch.observer/filing/0000072331-23-000110.json
- Plain text: https://secwatch.observer/filing/0000072331-23-000110.txt

## Key facts
- Material Agreements
  NORDSON CORP terminated Third Amended and Restated Credit Agreement valued at $850 million (effective 2023-06-06).
  - Action: termination
  - Agreement: credit facility
  - Value: $850 million
  - Effective: 2023-06-06
  source text: Simultaneous with the entry into the Credit Agreement, the Company terminated (i) its existing revolving credit agreement, initially dated April 30, 2019, and subsequently amended by that certain First Amendment to Third Amended and Restated Credit Agreement on April 17, 2023, which provided for a $850 million senior unsecured revolving credit facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/72331/000007233123000110/0000072331-23-000110-index.htm
- Material Agreements
  NORDSON CORP entered into Credit Agreement with Wells Fargo Bank, National Association, as Agent, and various financial institutions as lenders valued at $1,150 million aggregate commitment (effective 2023-06-06).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association, as Agent, and various financial institutions as lenders
  - Value: $1,150 million aggregate commitment
  - Effective: 2023-06-06
  source text: On June 6, 2023, Nordson Corporation (the “Company”) and its subsidiary, Nordson Engineering GmbH (“Nordson GmbH” and, together with the Company, the “Borrowers”), entered into a Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association, as Agent (the “Agent”), Wells Fargo Securities, LLC, BofA Securities, Inc., JPMorgan Chase Bank, N.A., PNC Capital Markets LLC, and U.S. Bank National Association, as Joint Lead Arrangers and Joint Bookrunners, and various financial institutions named therein as lenders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/72331/000007233123000110/0000072331-23-000110-index.htm
- Material Agreements
  NORDSON CORP terminated a credit facility valued at $200 million (effective 2023-06-06).
  - Action: termination
  - Agreement: credit facility
  - Value: $200 million
  - Effective: 2023-06-06
  source text: , and (ii) its existing term loan credit agreement, dated January 18, 2023, which provided for a $200 million unsecured term loan credit facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/72331/000007233123000110/0000072331-23-000110-index.htm

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