Dover Corporation Enters into New $1.5 Billion Five-Year Credit Facility

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The new facility, with a syndicate of twelve banks, is intended primarily as liquidity backup for the company's commercial paper program and can be used for working capital and general corporate purposes. The facility includes provisions for interest rates based on benchmark rates and an alternative base rate, a facility fee, and various restrictions and events of default.

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About Dover Corporation

Dover Corporation is a diversified global manufacturer that designs and produces a broad range of innovative equipment, components, and specialty systems. The company operates in segments such as Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions, and Refrigeration & Food Equipment. Dover’s products serve critical and high-performance applications across industries including aerospace, healthcare, automobile, food and beverage, and energy. Founded in 1955 and headquartered in Downers Grove, Illinois, the company is recognized for its commitment to technological advancement and operational excellence. Dover's strategic focus on sustainability and customer-centric innovation positions it as a key player in the industrial marketplace, leveraging its diversified portfolio to meet the evolving demands of global commerce.