secwatch / observer
8-K filed July 5, 2023, 7:59 PM ET ticker POOL CIK 0000945841
debt confidence high sentiment neutral materiality 0.50

POOL CORP (POOL): debt financing — Pool Corp amends credit agreements: raises securitization cap to $500M, transitions 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 term loan at updated the index used for the Base Rate (as further defined within the Term Fac.

Instrument
term loan
Rate
updated the index used for the Base Rate (as further defined within the Term Fac
Event
amendment
Exact text from the filing
The Term Facility Amendment updated the index used for the Base Rate (as further defined within the Term Facility Amendment) from the London Interbank Offered Rate Market Index Rate to the Term Secured Overnight Financing Rate Index Rate.
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

POOL CORP amended credit facility of increased the maximum amount ... from $350,000,000 to $500,000,000 at updated the index used for the Base Rate ... from the London Interbank Offered R.

Instrument
credit facility
Principal
increased the maximum amount ... from $350,000,000 to $500,000,000
Rate
updated the index used for the Base Rate ... from the London Interbank Offered R
Event
amendment
Exact text from the filing
The Credit Facility Amendment updated the index used for the Base Rate (as further defined within the Credit Facility Amendment) from the London Interbank Offered Rate Market Index Rate to the Term Secured Overnight Financing Rate Index Rate. The Credit Facility Amendment also increased the maximum amount for the Accounts Securitization (as further defined within the Credit Facility Amendment) from $350,000,000 to $500,000,000 and increased the Canadian Dollar Commitment, Euro Commitment and Swingline Commitment (all as further defined within the Credit Facility Amendment) to $50,000,000 each.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

POOL CORP amended Second Amendment to Credit Agreement with Bank of America, N.A. as Lender (effective 2023-06-30).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A. as Lender
Effective
2023-06-30
Exact text from the filing
The Company also entered into the Second Amendment to Credit Agreement (the "Term Facility Amendment") on June 30, 2023, by and among Pool Corporation as Borrower, the Guarantors party thereto and Bank of America, N.A. as Lender.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

POOL CORP amended Second Amendment to the Second Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, and certain other lenders party thereto (effective 2023-06-30).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as Administrative Agent, and certain other lenders party thereto
Effective
2023-06-30
Exact text from the filing
On June 30, 2023, Pool Corporation (the "Company") entered into the Second Amendment to the Second Amended and Restated Credit Agreement (the "Credit Facility Amendment") by and among Pool Corporation as U.S. Borrower, SCP Distributors Canada Inc. as Canadian Borrower, SCP International, Inc. as Euro Borrower, the Subsidiary Guarantors party thereto, Wells Fargo Bank, National Association, as Administrative Agent, and certain other lenders party thereto.
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 0000945841-23-000107
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