---
schema_version: "secwatch.filing_event.v1"
accession: "0000832101-22-000059"
form_type: "8-K"
ticker: "IEX"
cik: "0000832101"
company_name: "IDEX CORP /DE/"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T16:14:48.470996+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# IDEX amends credit agreement to $800M revolver, adds $200M term loan for Muon acquisition

## Summary
- Revolving credit facility increased to $800M with maturity extended to November 1, 2027.
- New $200M term loan facility available until March 3, 2023, to fund portion of Muon Group B.V. acquisition.
- Up to $100M letters of credit and $50M swing line loans; option to increase commitments by up to $400M.
- Interest based on base rate or Term SOFR plus margin tied to debt rating/leverage ratio; ESG pricing adjustment possible.
- Financial covenants include interest coverage and leverage ratios, tested quarterly.

## SEC filing metadata
- accession: 0000832101-22-000059
- form_type: 8-K
- ticker: IEX
- cik: 0000832101
- company_name: IDEX CORP /DE/
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832101/000083210122000059/0000832101-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832101/000083210122000059/iex-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832101-22-000059
- JSON: https://secwatch.observer/filing/0000832101-22-000059.json
- Plain text: https://secwatch.observer/filing/0000832101-22-000059.txt

## Key facts
- Debt Financings
  IDEX CORP /DE/ incurred term loan of $200 million with same as above at alternate base rate or Term SOFR rate (or appropriate alternative currency refer maturing November 1, 2027.
  - Instrument: term loan
  - Principal: $200 million
  - Counterparty: same as above
  - Rate: alternate base rate or Term SOFR rate (or appropriate alternative currency refer
  - Maturity: November 1, 2027
  - Event: incurrence
  source text: The Credit Agreement further consists of a term credit facility (the “Term Facility”) available to the Company in an aggregate principal amount of $200 million with a final maturity date of November 1, 2027.
  evidence_url: https://www.sec.gov/Archives/edgar/data/832101/000083210122000059/0000832101-22-000059-index.htm
- Debt Financings
  IDEX CORP /DE/ incurred revolving credit of $800 million with Bank of America, N.A., as administrative agent, swing line lender and an issuer of letters of credit; JPMorgan Chase Bank, N.A. and Wells Fargo Bank, National Association, as co-syndication agents and issuers of letters of credit; HSBC Bank USA, National Association, Mizuho Bank, Ltd., PNC Bank, Nat at alternate base rate or Term SOFR rate (or appropriate alternative currency refer maturing November 1, 2027.
  - Instrument: revolving credit
  - Principal: $800 million
  - Counterparty: Bank of America, N.A., as administrative agent, swing line lender and an issuer of letters of credit; JPMorgan Chase Bank, N.A. and Wells Fargo Bank, National Association, as co-syndication agents and issuers of letters of credit; HSBC Bank USA, National Association, Mizuho Bank, Ltd., PNC Bank, Nat
  - Rate: alternate base rate or Term SOFR rate (or appropriate alternative currency refer
  - Maturity: November 1, 2027
  - Event: incurrence
  source text: lenders and financial institutions party thereto. The Credit Agreement consists of a revolving credit facility (the “Revolving Facility”) in an aggregate principal amount of $800 million with a final maturity date of November 1, 2027 which is extended from the May 30, 2024 final maturity date of the Original Credit Agreement. The maturity date may be further
  evidence_url: https://www.sec.gov/Archives/edgar/data/832101/000083210122000059/0000832101-22-000059-index.htm
- Material Agreements
  IDEX CORP /DE/ amended Credit Agreement with Bank of America, N.A., JPMorgan Chase Bank, N.A., Wells Fargo Bank, National Association, HSBC Bank USA, National Association, Mizuho Bank, Ltd., PNC Bank, National Association, U.S. Bank, National Association valued at $800 million (effective 2022-11-01).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., JPMorgan Chase Bank, N.A., Wells Fargo Bank, National Association, HSBC Bank USA, National Association, Mizuho Bank, Ltd., PNC Bank, National Association, U.S. Bank, National Association
  - Value: $800 million
  - Effective: 2022-11-01
  source text: On November 1, 2022, IDEX Corporation (the “Company”) amended and restated that certain Credit Agreement, dated as of May 31, 2019 (the “Original Credit Agreement” and, as amended and restated, the “Credit Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/832101/000083210122000059/0000832101-22-000059-index.htm

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