---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-098463"
form_type: "8-K"
ticker: "ESE"
cik: "0000866706"
company_name: "ESCO TECHNOLOGIES INC"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:42:10.518988+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ESCO enters new $500M revolver; extends maturity to Aug 2028

## Summary
- New $500M revolving credit facility with 7 banks, led by JPMorgan, matures 5 years from Aug 30, 2023.
- Replaces 2019 facility that would mature Sep 2024; ~$142M borrowings transferred.
- Interest options: SOFR+0.10% floor, EURIBOR, CDOR, prime rate; facility fee based on leverage ratio (12.5-25bp).
- Includes $250M expansion option and financial covenants (leverage ratio, interest coverage ratio).
- Proceeds for general corporate purposes: working capital, capex, R&D, acquisitions.

## SEC filing metadata
- accession: 0001104659-23-098463
- form_type: 8-K
- ticker: ESE
- cik: 0000866706
- company_name: ESCO TECHNOLOGIES INC
- filed_at: 2023-09-06T23:59:59+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/866706/000110465923098463/0001104659-23-098463-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866706/000110465923098463/tm2325206d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-098463
- JSON: https://secwatch.observer/filing/0001104659-23-098463.json
- Plain text: https://secwatch.observer/filing/0001104659-23-098463.txt

## Key facts
- Material Agreements
  ESCO TECHNOLOGIES INC entered into New Credit Facility with JPMorgan Chase Bank, N.A. as administrative agent; Bank of America, N.A. as syndication agent; Commerce Bank; TD Bank, N.A.; and the Departing Lenders valued at $500,000,000 (effective 2023-08-30).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. as administrative agent; Bank of America, N.A. as syndication agent; Commerce Bank; TD Bank, N.A.; and the Departing Lenders
  - Value: $500,000,000
  - Effective: 2023-08-30
  source text: On August 30, 2023, the Registrant and certain of its subsidiaries entered into a five-year, $500,000,000 revolving Amended and Restated Credit Agreement and supporting documents with a diverse group of seven banks led by JPMorgan Chase Bank, N.A. as administrative agent, Bank of America, N.A. as syndication agent, Commerce Bank and TD Bank, N.A. as co-documentation agents , and the Departing Lenders as defined therein (the "New Credit Facility").
  evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465923098463/0001104659-23-098463-index.htm

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