Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CTS CORP incurred revolving credit of $300 million with Wells Fargo Bank, National Association at base rate loans: at a rate per annum equal to the sum of the applicable margin p maturing five years from the closing date.
- Instrument
- revolving credit
- Principal
- $300 million
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- base rate loans: at a rate per annum equal to the sum of the applicable margin p
- Maturity
- five years from the closing date
- Event
- incurrence
Exact text from the filing
Bank, N.A., as Joint-Lead Arrangers; and the guarantors and lenders from time-to-time party thereto. The Credit Agreement provides for an unsecured revolving credit facility of $300 million. In addition, the Company may request, with the written consent of the Administrative Agent (and subject to certain additional conditions), that the aggregate credit extended
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CTS CORP terminated Prior Credit Agreement with the Company, its subsidiary, CTS Denmark; BMO Harris Bank N.A., as L/C Issuer and Administrative Agent; BMO Capital Markets Corp., as Sole Book Runner and Joint-Lead Arranger; Bank of America, N.A., Wells Fargo Bank, N.A., and U.S. Bank National Association, as Joint-Lead Arrangers; and the guaranto (effective 2025-11-24).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- the Company, its subsidiary, CTS Denmark; BMO Harris Bank N.A., as L/C Issuer and Administrative Agent; BMO Capital Markets Corp., as Sole Book Runner and Joint-Lead Arranger; Bank of America, N.A., Wells Fargo Bank, N.A., and U.S. Bank National Association, as Joint-Lead Arrangers; and the guaranto
- Effective
- 2025-11-24
Exact text from the filing
The prior Credit Agreement (the "Prior Credit Agreement") by and among the Company, its subsidiary, CTS Denmark; BMO Harris Bank N.A., as L/C Issuer and Administrative Agent; BMO Capital Markets Corp., as Sole Book Runner and Joint-Lead Arranger; Bank of America, N.A., Wells Fargo Bank, N.A., and U.S. Bank National Association, as Joint-Lead Arrangers; and the guarantors and lenders from time-to-time party thereto was terminated as of November 24, 2025.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CTS CORP entered into Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Swing Line Lender, and L/C Issuer; Wells Fargo Securities LLC, as Sole Book Runner and Joint-Lead Arranger; BofA Securities, Inc. and BMO Bank, N.A., as Joint-Lead Arrangers; and the guarantors and lenders from time-to-time party there valued at $300 million (effective 2025-11-24).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association, as Administrative Agent, Swing Line Lender, and L/C Issuer; Wells Fargo Securities LLC, as Sole Book Runner and Joint-Lead Arranger; BofA Securities, Inc. and BMO Bank, N.A., as Joint-Lead Arrangers; and the guarantors and lenders from time-to-time party there
- Value
- $300 million
- Effective
- 2025-11-24
Exact text from the filing
On November 24, 2025, CTS Corporation (the "Company") and its subsidiary, CTS Denmark Holding A/S ("CTS Denmark") entered into a five-year Credit Agreement (the "Credit Agreement") with Wells Fargo Bank, National Association, as Administrative Agent, Swing Line Lender, and L/C Issuer; Wells Fargo Securities LLC, as Sole Book Runner and Joint-Lead Arranger; BofA Securities, Inc. and BMO Bank, N.A., as Joint-Lead Arrangers; and the guarantors and lenders from time-to-time party thereto.
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