secwatch / observer
8-K filed November 4, 2022, 7:59 PM ET ticker POOL CIK 0000945841
debt confidence high sentiment neutral materiality 0.25

POOL CORP (POOL): debt financing — Pool Corp. amends receivables purchase facility; extends maturity to Nov 2024, shifts to SOFR

POOL CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

POOL CORP amended debt of $350,000,000 with Wells Fargo Bank, National Association; Truist Bank; Bank of America, N.A. and Wells Fargo Bank, National Association, as Administrative Agent at TSIR plus an applicable margin of 0.75% maturing November 1, 2024.

Principal
$350,000,000
Counterparty
Wells Fargo Bank, National Association; Truist Bank; Bank of America, N.A. and Wells Fargo Bank, National Association, as Administrative Agent
Rate
TSIR plus an applicable margin of 0.75%
Maturity
November 1, 2024
Event
amendment
Exact text from the filing
to extend the facility termination date to November 1, 2024 and increase the facility limit during certain months (while maintaining the maximum facility limit of $350,000,000).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

POOL CORP amended Amendment No. 12 to the Receivables Purchase Agreement with Superior Commerce LLC, SCP Distributors LLC, the purchasers from time to time party thereto, Wells Fargo Bank, National Association; Truist Bank; Bank of America, N.A. and Wells Fargo Bank, National Association, as Administrative Agent valued at $350,000,000 (effective 2022-11-01).

Action
amendment
Agreement
credit facility
Counterparty
Superior Commerce LLC, SCP Distributors LLC, the purchasers from time to time party thereto, Wells Fargo Bank, National Association; Truist Bank; Bank of America, N.A. and Wells Fargo Bank, National Association, as Administrative Agent
Value
$350,000,000
Effective
2022-11-01
Exact text from the filing
On November 1, 2022, Pool Corporation (the “Company”) and certain of its subsidiaries entered into Amendment No. 12 to the Receivables Purchase Agreement between Superior Commerce LLC (the “Securitization Subsidiary”), as Seller, SCP Distributors LLC, as the Servicer, the purchasers from time to time party thereto (the “Purchasers”), Wells Fargo Bank, National Association; Truist Bank; Bank of America, N.A. and Wells Fargo Bank, National Association, as Administrative Agent (as amended, the “Amended Receivables Purchase Agreement”) to extend the facility termination date to November 1, 2024 and increase the facility limit during certain months (while maintaining the maximum facility limit of $350,000,000).
View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

POOL CORP filing history →

Source: SEC EDGAR
accession 0000945841-22-000125
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