Form 8-K · Current report
IDEX Corporation 8-K, filed Sep 3, 2026
- Filed
- CIK
- 0000832101
- Accession no.
- 0001193125-26-381880
Summary
IDEX Corporation amended and restated its credit agreement on September 3, 2026, extending the maturity of its $800 million revolving credit facility to September 3, 2031 from November 1, 2027. Bank of America, N.A. serves as administrative agent, with JPMorgan Chase, PNC Bank and Wells Fargo as co-syndication agents.
Key points
- The $800 million revolving facility matures September 3, 2031, extended from the November 1, 2027 maturity of the original agreement, and may be extended twice more for one-year terms under certain conditions.
- Up to $100 million of the facility is available for letters of credit, and up to $50 million for same-day swingline loans.
- Borrowings bear interest at an alternate base rate or Term SOFR (or an alternative currency rate) plus a margin based on the better of IDEX's senior unsecured long-term debt rating or its leverage ratio.
- The agreement includes a quarterly leverage ratio test, with an option to increase the ratio for 12 months in connection with certain acquisitions, and permits commitment increases of up to $400 million.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01. Entry into a Material Definitive Agreement On September 3, 2026, IDEX Corporation (the “Company”) amended and restated that certain Amended and Restated Credit Agreement, dated as of November 1, 2022 (the “Original Credit Agreement” and, as amended and restated, the “Credit Agreement”), along with certain of its subsidiaries, as borrowers (the “Borrowers”); Bank of America, N.A., as administrative agent, swingline lender and an issuer of letters of credit; JPMorgan Chase Bank, N.A., PNC Bank, National Association and Wells Fargo Bank, National Association, as co-syndication agents and issuers of letters of credit; HSBC Bank USA, National Association, Mizuho Bank, Ltd. …
An excerpt of the text as filed with the SEC, cut for length.
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