---
schema_version: "secwatch.filing_event.v1"
accession: "0000084748-23-000036"
form_type: "8-K"
ticker: "ROG"
cik: "0000084748"
company_name: "ROGERS CORP"
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T11:32:34.747136+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rogers Corp enters new $450M credit facility extending maturity to 2028

## Summary
- Fifth Amended and Restated Credit Agreement provides $450M revolving loans with a $225M expansion feature.
- Maturity extended from March 2024 to March 24, 2028, replacing the 2020 credit agreement.
- Interest rates: SOFR-based loans at 1.625%-2.00% spread; ABR loans at 0.625%-1.00% spread.
- Financial covenants: max total net leverage ratio 3.25x (can elect 3.75x for acquisitions), min interest coverage 3.00x.
- Obligations guaranteed by material domestic subsidiaries; secured by substantially all non-real estate assets.

## SEC filing metadata
- accession: 0000084748-23-000036
- form_type: 8-K
- ticker: ROG
- cik: 0000084748
- company_name: ROGERS CORP
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/84748/000008474823000036/0000084748-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/84748/000008474823000036/rog-20230324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000084748-23-000036
- JSON: https://secwatch.observer/filing/0000084748-23-000036.json
- Plain text: https://secwatch.observer/filing/0000084748-23-000036.txt

## Key facts
- Debt Financings
  ROGERS CORP amended credit facility of up to $450 million of revolving loans with JPMorgan Chase Bank, N.A. as administrative agent, and HSBC Bank USA, National Association, Wells Fargo Bank, National Association, Citibank, N.A. and Citizens Bank, N.A. as Co-Syndication Agents at Alternate base rate loans will bear interest at a rate that includes a base refe maturing March 24, 2028.
  - Instrument: credit facility
  - Principal: up to $450 million of revolving loans
  - Counterparty: JPMorgan Chase Bank, N.A. as administrative agent, and HSBC Bank USA, National Association, Wells Fargo Bank, National Association, Citibank, N.A. and Citizens Bank, N.A. as Co-Syndication Agents
  - Rate: Alternate base rate loans will bear interest at a rate that includes a base refe
  - Maturity: March 24, 2028
  - Event: amendment
  source text: (the “2020 Credit Agreement”). Under the Amended Credit Agreement, lenders agreed to refinance the 2020 Credit Agreement. The lenders agreed to provide the Company (1) up to $450 million of revolving loans, with sub-limits for multicurrency borrowings, letters of credit and swing-line notes; and (2) a $225 million expansion feature. Borrowings may be used to
  evidence_url: https://www.sec.gov/Archives/edgar/data/84748/000008474823000036/0000084748-23-000036-index.htm
- Material Agreements
  ROGERS CORP amended Fifth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent, and HSBC Bank USA, National Association, Wells Fargo Bank, National Association, Citibank, N.A. and Citizens Bank, N.A. as Co-Syndication Agents, and the lenders party thereto valued at up to $450 million (effective 2023-03-24).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. as administrative agent, and HSBC Bank USA, National Association, Wells Fargo Bank, National Association, Citibank, N.A. and Citizens Bank, N.A. as Co-Syndication Agents, and the lenders party thereto
  - Value: up to $450 million
  - Effective: 2023-03-24
  source text: On March 24, 2023, Rogers Corporation (the “Company”) entered into a Fifth Amended and Restated Credit Agreement (the “Amended Credit Agreement”) with each of the lenders party thereto, JPMorgan Chase Bank, N.A. as administrative agent, and HSBC Bank USA, National Association, Wells Fargo Bank, National Association, Citibank, N.A. and Citizens Bank, N.A. as Co-Syndication Agents.
  evidence_url: https://www.sec.gov/Archives/edgar/data/84748/000008474823000036/0000084748-23-000036-index.htm

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