---
schema_version: "secwatch.filing_event.v1"
accession: "0001020710-22-000082"
form_type: "8-K"
ticker: "DXPE"
cik: "0001020710"
company_name: "DXP ENTERPRISES INC"
filed_at: "2022-07-25T23:59:59+00:00"
generated_at: "2026-06-24T09:01:31.566660+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001020710-22-000082
- form_type: 8-K
- ticker: DXPE
- cik: 0001020710
- company_name: DXP ENTERPRISES INC
- filed_at: 2022-07-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1020710/000102071022000082/0001020710-22-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020710/000102071022000082/dxpe-20220719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001020710-22-000082
- JSON: https://secwatch.observer/filing/0001020710-22-000082.json
- Plain text: https://secwatch.observer/filing/0001020710-22-000082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.