IPG Photonics replaces credit facility with $200M unsecured revolver maturing 2030

IPG PHOTONICS CORP

New $200M revolving credit facility matures June 24, 2030; up to $25M available for letters of credit.
Interest rate is Term SOFR plus spread tied to Consolidated Net Leverage Ratio (starting Pricing Level 3).
Company may request increase of commitments by up to $100M, subject to lender consent and no default.
Facility replaces existing Second Amended and Restated Loan Agreement that expired June 30, 2025.
Proceeds to be used for working capital, capital expenditures, and general corporate purposes.

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