{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-093046","form_type":"8-K","ticker":"NOVT","cik":"0001076930","company_name":"NOVANTA INC","filed_at":"2025-07-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.276346+00:00","generated_at":"2026-05-18T09:34:30.320412+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Novanta enters $1.0B credit facility maturing 2030; replaces $392.4M existing debt","bullets":["Facility includes €65.31M euro term loan, $75M US term loan, $850M revolver; maturity June 2030.","Replaces existing credit agreement that had $392.4M outstanding as of March 28, 2025.","Accordion feature allows up to $350M additional commitments subject to conditions.","Financial covenants: min fixed charge coverage 1.25:1.00, max leverage 3.50:1.00 (4.00:1.00 after large acquisitions)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-093046","json":"https://secwatch.observer/filing/0000950170-25-093046.json","markdown":"https://secwatch.observer/filing/0000950170-25-093046.md","text":"https://secwatch.observer/filing/0000950170-25-093046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1076930/000095017025093046/0000950170-25-093046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1076930/000095017025093046/novt-20250627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:34:30.320412+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bab7dac06b296f6fa8d356a373cd1d9a0cf1a4dd","claim":"NOVANTA INC amended credit facility of approximately $1.0 billion with Bank of America, N.A. at Base Rate plus a margin ranging between zero and 0.75% per annum, or SOFR, SONIA maturing June 2030.","evidence_excerpt":"were $392.4 million as of March 28, 2025, the end of the Company’s first fiscal quarter of 2025. The Agreement provides for an aggregate credit facility of approximately $1.0 billion, comprised of a €65.31 million euro-denominated 5-year term loan facility (the “Euro Term Loans”), a $75.0 million U.S. dollar denominated 5-year term loan facility (the “U.S.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1076930/000095017025093046/0000950170-25-093046-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"approximately $1.0 billion"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"Base Rate plus a margin ranging between zero and 0.75% per annum, or SOFR, SONIA"},{"label":"Maturity","value":"June 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}