---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014215"
form_type: "8-K"
ticker: "TECH"
cik: "0000842023"
company_name: "BIO-TECHNE Corp"
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T14:48:56.602683+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bio-Techne enters $1B revolving credit facility; draws $350M to repay prior debt

## Summary
- New $1B revolving credit facility, expandable by $400M, matures August 31, 2027.
- Borrowed $350M at closing to repay existing term and revolving loans under prior credit agreement.
- Facility bears variable interest based on total leverage ratio; includes sustainability-linked option.
- Maintains minimum interest coverage ratio of 3.00x and max total debt-to-EBITDA of 3.50x (4.00x post-qualified acquisition).

## SEC filing metadata
- accession: 0001558370-22-014215
- form_type: 8-K
- ticker: TECH
- cik: 0000842023
- company_name: BIO-TECHNE Corp
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842023/000155837022014215/0001558370-22-014215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842023/000155837022014215/tmb-20220831x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014215
- JSON: https://secwatch.observer/filing/0001558370-22-014215.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014215.txt

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