debt
confidence high
sentiment neutral
materiality 0.65
Nordson enters $1.2B revolving credit facility, repays $248M term loans
NORDSON CORP
- New $1.2B senior unsecured multicurrency revolving credit facility matures January 30, 2031.
- Proceeds used to repay $248M of outstanding term loans under prior credit facility.
- Includes $85M letter of credit subfacility, $100M swingline subfacility, $425M multicurrency sublimit.
- Facility amends and restates prior $1.2B credit agreement dated June 6, 2023.
- Borrowings available in USD, EUR, GBP, CHF, SGD, JPY and other approved currencies.
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