DXP Enterprises enters $135M ABL credit facility maturing 2027, up to $50M accordion

DXP ENTERPRISES INC

ABL facility provides $125M US and $10M Canadian revolving loans, maturing July 19, 2027.
Facility may be increased by up to $50M in $10M increments subject to conditions.
Interest at Term SOFR/CDOR + 1.25%-1.75% or base rate + 0.25%-0.75% based on availability.
Fixed charge coverage ratio covenant triggers if availability falls below threshold.
Obligations guaranteed by material US subsidiaries; secured by substantially all assets.

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.