---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-070116"
form_type: "8-K"
ticker: "ESE"
cik: "0000866706"
company_name: "ESCO TECHNOLOGIES INC"
filed_at: "2026-06-03T20:15:59+00:00"
generated_at: "2026-06-03T20:47:14.633440+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ESCO enters $1.5B credit agreement to finance $2.35B Megger acquisition

## Summary
- New senior secured facilities: $500M revolver, $500M Term Loan A, up to $500M Term Loan B.
- Proceeds fund cash portion of Megger purchase ($922M) plus refinancing of existing debt.
- Existing credit agreement will be terminated upon effectiveness concurrent with acquisition closing.
- JPMorgan Chase leads as administrative agent; Bank of America as syndication agent.
- Covenants include leverage and interest coverage ratios; secured by substantially all assets.

## SEC filing metadata
- accession: 0001104659-26-070116
- form_type: 8-K
- ticker: ESE
- cik: 0000866706
- company_name: ESCO TECHNOLOGIES INC
- filed_at: 2026-06-03T20:15:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866706/000110465926070116/0001104659-26-070116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866706/000110465926070116/tm2616691d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-070116
- JSON: https://secwatch.observer/filing/0001104659-26-070116.json
- Plain text: https://secwatch.observer/filing/0001104659-26-070116.txt

## Key facts
- Debt Financings
  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
  source text: 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)
  evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465926070116/0001104659-26-070116-index.htm
- Material Agreements
  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
  source text: which as noted below, will be terminated on the Acquisition Closing Date upon the effectiveness of the New Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465926070116/0001104659-26-070116-index.htm
- Material Agreements
  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
  source text: 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").
  evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465926070116/0001104659-26-070116-index.htm

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