Novanta Amends Credit Agreement to Raise Leverage Ratio and Cash Netting Limits

Reuters
2025/11/13
Novanta Amends Credit Agreement to Raise Leverage Ratio and Cash Netting Limits

Novanta Inc. has entered into the First Amendment to its Fourth Amended and Restated Credit Agreement with Bank of America, N.A., as Administrative Agent and lender, along with other parties. The amendment, dated November 5, 2025, modifies the existing credit agreement originally dated June 27, 2025. Among other changes, the amendment requires Novanta Inc. to issue tangible equity units by December 31, 2025. If the tangible equity units are not issued or other conditions are not met by that date, the amendment will be terminated and rendered ineffective.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Novanta Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-277939), on November 12, 2025, and is solely responsible for the information contained therein.

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