---
schema_version: "secwatch.filing_event.v1"
accession: "0001289308-22-000065"
form_type: "8-K"
ticker: "ENS"
cik: "0001289308"
company_name: "EnerSys"
filed_at: "2022-09-08T23:59:59+00:00"
generated_at: "2026-06-23T12:37:38.251686+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# EnerSys adds $300M delayed-draw term loan facility; amends leverage covenant

## Summary
- New Term A-3 Facility of up to $300M available to draw through March 15, 2023.
- Consolidated Total Net Leverage Ratio covenant set at ≤4.25x through Q2 FY2024, then steps to 4.00x.
- Interest rate based on leverage grid (Term SOFR + 1.375% to 2.500%; Base Rate + 0.375% to 1.500%).
- Ticking fee of 0.175%–0.350% per annum on unused portion during availability period.
- Senior note issuance reduces Term A-3 commitments dollar-for-dollar.

## SEC filing metadata
- accession: 0001289308-22-000065
- form_type: 8-K
- ticker: ENS
- cik: 0001289308
- company_name: EnerSys
- filed_at: 2022-09-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289308/000128930822000065/0001289308-22-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289308/000128930822000065/ens-20220908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001289308-22-000065
- JSON: https://secwatch.observer/filing/0001289308-22-000065.json
- Plain text: https://secwatch.observer/filing/0001289308-22-000065.txt

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