Novanta Amends Credit Agreement to Raise Leverage Ratio and Cash Netting Limits
Reuters
Nov 13, 2025
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.
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