---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-227053"
form_type: "8-K"
ticker: "NOVT"
cik: "0001076930"
company_name: "NOVANTA INC"
filed_at: "2026-05-15T20:45:17+00:00"
generated_at: "2026-05-15T21:01:10.560043+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Novanta enters $200M delayed draw term loan facility maturing 2030

## Summary
- Second Amendment to Credit Agreement establishes $200M delayed draw term loan commitments.
- Loans available for up to six months after May 15, 2026; mature June 27, 2030.
- Interest: Base Rate plus 0.00%-0.75% or SOFR/SONIA/EURIBOR plus 1.00%-1.75%, based on leverage.
- Quarterly amortization starts Sep 25, 2026: 0.625% of principal early, 1.25% later.
- Commitment fee payable on undrawn commitments; incremental capacity reset.

## SEC filing metadata
- accession: 0001193125-26-227053
- form_type: 8-K
- ticker: NOVT
- cik: 0001076930
- company_name: NOVANTA INC
- filed_at: 2026-05-15T20:45:17+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/1076930/000119312526227053/0001193125-26-227053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1076930/000119312526227053/novt-20260515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-227053
- JSON: https://secwatch.observer/filing/0001193125-26-227053.json
- Plain text: https://secwatch.observer/filing/0001193125-26-227053.txt

## Key facts
- Debt Financings
  NOVANTA INC incurred term loan of $200.0 million of delayed draw term loan commitments with Bank of America, N.A. at Base Rate plus a margin ranging from 0.00% to 0.75% per annum or SOFR, SONIA or maturing June 27, 2030.
  - Instrument: term loan
  - Principal: $200.0 million of delayed draw term loan commitments
  - Counterparty: Bank of America, N.A.
  - Rate: Base Rate plus a margin ranging from 0.00% to 0.75% per annum or SOFR, SONIA or
  - Maturity: June 27, 2030
  - Event: incurrence
  source text: On May 15, 2026 (the “Second Amendment Effective Date”), Novanta Inc. (the “Company”), Novanta Corporation (the “Lead Borrower”), Novanta UK Investments Holding Limited (the “U.K. Borrower”), Novanta Europe GmbH (the “German Borrower” and, together with the Company, the Lead Borrower and the U.K. Borrower, the “Borrowers”) and certain wholly-owned subsidiaries of the Company (the “Guarantors”) entered into the Second Amendment to Fourth Amended and Restated Credit Agreement (the “Second Amendment”), with Bank of America, N.A., as Administrative Agent and lender, and the other lenders party thereto, which amends that certain Fourth Amended and Restated Credit Agreement dated as of June 27, 2025 (as amended, the “Credit Agreement”). The Second Amendment, among other things, amends the Credit Agreement to establish $200.0 million of delayed draw term loan commitments (the “2026 Delayed Draw Term Loan Commitments”, and the U.S. dollar term loans funded thereunder, the “Delayed Draw Term Lo
  evidence_url: https://www.sec.gov/Archives/edgar/data/1076930/000119312526227053/0001193125-26-227053-index.htm
- Material Agreements
  NOVANTA INC amended Second Amendment to Fourth Amended and Restated Credit Agreement with Bank of America, N.A., as Administrative Agent and lender, and the other lenders party thereto valued at $200.0 million (effective 2026-05-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as Administrative Agent and lender, and the other lenders party thereto
  - Value: $200.0 million
  - Effective: 2026-05-15
  source text: On May 15, 2026 (the “Second Amendment Effective Date”), Novanta Inc. (the “Company”), Novanta Corporation (the “Lead Borrower”), Novanta UK Investments Holding Limited (the “U.K. Borrower”), Novanta Europe GmbH (the “German Borrower” and, together with the Company, the Lead Borrower and the U.K. Borrower, the “Borrowers”) and certain wholly-owned subsidiaries of the Company (the “Guarantors”) entered into the Second Amendment to Fourth Amended and Restated Credit Agreement (the “Second Amendment”), with Bank of America, N.A., as Administrative Agent and lender, and the other lenders party thereto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1076930/000119312526227053/0001193125-26-227053-index.htm

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