{"schema_version":"secwatch.filing_event.v1","accession":"0001022408-23-000010","form_type":"8-K","ticker":"PLUS","cik":"0001022408","company_name":"EPLUS INC","filed_at":"2023-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.542512+00:00","generated_at":"2026-06-18T02:46:07.808949+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"ePlus expands credit facility to $500M; ups revolver to $200M","bullets":["Floorplan facility increased from $425M to $500M; revolver sublimit raised from $150M to $200M.","Amendment signed March 10, 2023; borrowers are ePlus Technology, ePlus Technology Services, and SLAIT Consulting.","Two new banks joined the lender group; Wells Fargo remains administrative agent.","CFO Elaine Marion says expanded facility supports customer IT needs including digital transformation and cloud."],"urls":{"canonical":"https://secwatch.observer/filing/0001022408-23-000010","json":"https://secwatch.observer/filing/0001022408-23-000010.json","markdown":"https://secwatch.observer/filing/0001022408-23-000010.md","text":"https://secwatch.observer/filing/0001022408-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/0001022408-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T02:46:07.808949+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"301dcbe3f7077c2ea01270bbae1d01e2a11fe3ac","claim":"EPLUS INC amended revolving credit of $200,000,000 with Wells Fargo Commercial Distribution Finance, LLC (as Administrative Agent).","evidence_excerpt":"increase the maximum aggregate amount of principal available under the Revolving Facility from $150,000,000 to $200,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/0001022408-23-000010-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$200,000,000"},{"label":"Counterparty","value":"Wells Fargo Commercial Distribution Finance, LLC (as Administrative Agent)"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"a1871d62c3e79f259c9b3a7c513320f113f82279","claim":"EPLUS INC amended credit facility of $500,000,000 with Wells Fargo Commercial Distribution Finance, LLC (as Administrative Agent).","evidence_excerpt":"increase the maximum aggregate amount of principal available under the Floorplan Facility from $425,000,000 to $500,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/0001022408-23-000010-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$500,000,000"},{"label":"Counterparty","value":"Wells Fargo Commercial Distribution Finance, LLC (as Administrative Agent)"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"1e80b0a04bda776e43904ab6a9e094201a03db0d","claim":"EPLUS INC amended Second Amendment to Credit Agreement with various lenders and Wells Fargo Commercial Distribution Finance, LLC valued at increase the maximum aggregate amount of principal available under the Floorplan Facility from $425, (effective 2023-03-10).","evidence_excerpt":"On March 10, 2023, the Borrowers entered into a certain Second Amendment to Credit Agreement by and among the Borrowers, the Lenders who are parties thereto and the Administrative Agent (the “Second Amendment to Credit Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/0001022408-23-000010-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"various lenders and Wells Fargo Commercial Distribution Finance, LLC"},{"label":"Value","value":"increase the maximum aggregate amount of principal available under the Floorplan Facility from $425,"},{"label":"Effective","value":"2023-03-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}