secwatch.observer — SEC 8-K summary
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Issuer:     EPLUS INC (PLUS)
CIK:        0001022408
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001022408-23-000010
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ePlus expands credit facility to $500M; ups revolver to $200M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/0001022408-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001022408-23-000010

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