secwatch / observer
8-K filed June 3, 2026, 4:15 PM ET ticker ESE CIK 0000866706
debt confidence high sentiment neutral materiality 0.65

ESCO TECHNOLOGIES INC (ESE): debt financing — ESCO enters $1.5B credit agreement to finance $2.35B Megger acquisition

ESCO TECHNOLOGIES INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ESCO TECHNOLOGIES INC incurred credit facility of $500 million with JPMorgan Chase Bank, N.A. as administrative agent at Adjusted Term SOFR Rate, Adjusted EURIBOR Rate, Daily Simple SONIA Rate or Alter.

Instrument
credit facility
Principal
$500 million
Counterparty
JPMorgan Chase Bank, N.A. as administrative agent
Rate
Adjusted Term SOFR Rate, Adjusted EURIBOR Rate, Daily Simple SONIA Rate or Alter
Event
incurrence
Exact text from the filing
the effectiveness of the New Credit Agreement. The New Credit Agreement provides for (a) a senior secured revolving credit facility in an initial aggregate commitment amount of $500 million (the “Revolving Credit Facility”), (b) a senior secured term loan A facility in an initial aggregate principal amount of $500 million (the “Term Loan A Facility”), and (c)
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ESCO TECHNOLOGIES INC terminated Existing Credit Agreement with 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.

Action
termination
Agreement
credit facility
Counterparty
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
Exact text from the filing
which as noted below, will be terminated on the Acquisition Closing Date upon the effectiveness of the New Credit Agreement.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ESCO TECHNOLOGIES INC entered into New Credit Agreement with a group of banks led by JPMorgan Chase Bank, N.A. as administrative agent, Bank of America, N.A. as syndication agent, BMO Capital Markets Corp., Commerce Bank, Regions Capital Markets, a Division of Regions Bank, TD Bank, N.A. and Wells Fargo Bank, National Association as co-documentation agents valued at initial aggregate commitment amount of $500 million (effective 2026-05-29).

Action
entry
Agreement
credit facility
Counterparty
a group of banks led by JPMorgan Chase Bank, N.A. as administrative agent, Bank of America, N.A. as syndication agent, BMO Capital Markets Corp., Commerce Bank, Regions Capital Markets, a Division of Regions Bank, TD Bank, N.A. and Wells Fargo Bank, National Association as co-documentation agents
Value
initial aggregate commitment amount of $500 million
Effective
2026-05-29
Exact text from the filing
On May 29, 2026, the Registrant and certain of its subsidiaries entered into Credit Agreement with a group of banks led by JPMorgan Chase Bank, N.A. as administrative agent, Bank of America, N.A. as syndication agent, BMO Capital Markets Corp., Commerce Bank, Regions Capital Markets, a Division of Regions Bank, TD Bank, N.A. and Wells Fargo Bank, National Association as co-documentation agents (the "New Credit Agreement").
View on SEC.gov

309 debt financings filed in the last 30 days. Browse all debt financings →

ESCO TECHNOLOGIES INC filing history →

Source: SEC EDGAR
accession 0001104659-26-070116
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