secwatch.observer — SEC 8-K summary
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Issuer:     NORDSON CORP (NDSN)
CIK:        0000072331
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0000072331-23-000110
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72331/000007233123000110/0000072331-23-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72331/000007233123000110/ndsn-20230606.htm
  HTML page:      https://secwatch.observer/filing/0000072331-23-000110

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