secwatch.observer — SEC 8-K summary
======================================

Issuer:     POOL CORP (POOL)
CIK:        0000945841
Form:       8-K
Filed at:   2024-10-02T23:59:59+00:00
Accession:  0000945841-24-000149
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pool Corp. amends credit agreement: revolver increased to $800M, maturity extended to 2029
--------------------------------------------------------------------------------

- Revolver borrowing capacity raised from $750M to $800M; maturity extended from Sept 2026 to Sept 2029.
- Retains $500M term loan due Sept 2026; accordion feature allows up to $250M incremental increases.
- At closing: $125M revolver drawn, $468.8M term loan outstanding, $659.9M available under revolver.
- Financial covenants unchanged: max average total leverage ratio and min fixed charge coverage ratio.
- Substantially all domestic subsidiaries continue to guarantee obligations on unsecured basis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945841/000094584124000149/0000945841-24-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945841/000094584124000149/pool-20241002.htm
  HTML page:      https://secwatch.observer/filing/0000945841-24-000149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer