---
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"
generated_at: "2026-05-18T09:34:30.320412+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Novanta enters $1.0B credit facility maturing 2030; replaces $392.4M existing debt

## Summary
- 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).

## SEC filing metadata
- 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
- 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/1076930/000095017025093046/0000950170-25-093046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1076930/000095017025093046/novt-20250627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-093046
- JSON: https://secwatch.observer/filing/0000950170-25-093046.json
- Plain text: https://secwatch.observer/filing/0000950170-25-093046.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: approximately $1.0 billion
  - Counterparty: Bank of America, N.A.
  - Rate: Base Rate plus a margin ranging between zero and 0.75% per annum, or SOFR, SONIA
  - Maturity: June 2030
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1076930/000095017025093046/0000950170-25-093046-index.htm

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