---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-106997"
form_type: "8-K"
ticker: "QXO"
cik: "0001236275"
company_name: "QXO, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:11:41.790545+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# QXO cuts margin on $850M term loan B by 100bps to 2.00%+SOFR via amendment

## Summary
- Applicable margin on $850M senior secured term loan B reduced from 3.00% to 2.00% for term SOFR borrowings effective Nov 5, 2025.
- Base rate borrowings margin cut from 2.00% to 1.00%.
- Wells Fargo Bank provided new money; existing lenders cashless-rolled into refinanced facility.
- Principal amount remains $850M; maturity and covenants unchanged per Amendment No. 1.
- Lower margin expected to reduce annual interest expense on QXO's debt.

## SEC filing metadata
- accession: 0001104659-25-106997
- form_type: 8-K
- ticker: QXO
- cik: 0001236275
- company_name: QXO, Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1236275/000110465925106997/0001104659-25-106997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1236275/000110465925106997/tm2530242d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-106997
- JSON: https://secwatch.observer/filing/0001104659-25-106997.json
- Plain text: https://secwatch.observer/filing/0001104659-25-106997.txt

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