← ESCO TECHNOLOGIES INC

CREDIT AGREEMENT

Signed May 29, 2026

Committed
$1bn
Matures
n/a
Agent
JPMorgan Chase Bank, N.A.
TrancheSizeMaturesMargin
Revolving credit facility$500mn/a125–175 bps
Term Loan A$500mn/a125–175 bps
Term Loan Bn/an/an/a

Priced over Term SOFR, floor 0 bps (Revolving credit facility, Term Loan A).

LevelConditionMarginUnused fee
Level Category 1< 1.00 to 1.00125 bps13 bps
Level Category 2> 1.00 to 1.00 but < 1.75 to 1.00135 bps15 bps
Level Category 3> 1.75 to 1.00 but < 2.50 to 1.00145 bps18 bps
Level Category 4> 2.50 to 1.00 but < 3.25 to 1.00155 bps20 bps
Level Category 5> 3.25 to 1.00175 bps25 bps

Lenders: JPMorgan Chase Bank, N.A., BofA Securities, Inc.

Tested quarterly96.5%ratio 0.15x, estimated, vs 4.25x limit in force at Dec 31, 20254.25x
The Company will not permit the Total Net Leverage Ratio, determined as of the end of each of its fiscal quarters ending on and after the Effective Date, to be greater than (x) 4.25 to 1.00 for the first four fiscal quarters ending after the Effective Date and (y) 3.50 to 1.00 thereafter; provided, that the Company may, on not more than two (2) occasions during the term of this Agreement, elect to increase the maximum Total Net Leverage Ratio permitted under this Section 6.11(a) to 4.00 to 1.00 for a period of four consecutive fiscal quarters in connection with a Permitted Acquisition occurring during the first of such four fiscal quarters if the aggregate consideration paid or to be paid in respect of such Permitted Acquisition exceeds $200,000,000.
Read the filing on sec.gov ↗
Tested quarterly395.0%ratio 14.85x, estimated, vs 3.00x limit in force at Dec 31, 20253.00x
The Company will not permit the ratio (the “Interest Coverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after the Effective Date ... to be less than 3.00 to 1.00.
Read the filing on sec.gov ↗

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