secwatch.observer — SEC 8-K summary
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Issuer:     NOVANTA INC (NOVT)
CIK:        0001076930
Form:       8-K
Filed at:   2026-05-15T20:45:17+00:00
Accession:  0001193125-26-227053
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1076930/000119312526227053/0001193125-26-227053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1076930/000119312526227053/novt-20260515.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-227053

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