MSC Industrial extends receivables facility to $350M and extends maturity to Dec 2028

MSC INDUSTRIAL DIRECT CO INC

Facility limit increased by $50M to $350M; PNC Bank joins as a purchaser.
Scheduled Termination Date extended to December 8, 2028.
Credit spread adjustment on interest rate removed; net leverage ratio definition updated.
Financial covenant: Consolidated Net Leverage Ratio set at 3.50x, with step-up to 4.00x post-acquisition.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.