secwatch.observer — SEC 8-K summary
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Issuer:     SCANSOURCE, INC. (SCSC)
CIK:        0000918965
Form:       8-K
Filed at:   2025-12-19T23:59:59+00:00
Accession:  0001193125-25-327081
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ScanSource enters new $500M credit facility with PNC, terminates prior JPMorgan facility
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- New $400M revolver and $100M term loan, both 5-year, with PNC as administrative agent.
- Immediately borrowed $100M under term loan; prior $350M revolver and $150M term loan with JPMorgan terminated.
- Pricing based on leverage ratio: SOFR margin 1.00%-1.75%, commitment fee 0.15%-0.30%.
- Financial covenants: max net leverage ratio 3.50x, minimum interest coverage ratio 3.00x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918965/000119312525327081/0001193125-25-327081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918965/000119312525327081/d58956d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-327081

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