secwatch.observer — SEC 8-K summary
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Issuer:     Distribution Solutions Group, Inc. (DSGR)
CIK:        0000703604
Form:       8-K
Filed at:   2025-12-22T23:59:59+00:00
Accession:  0001193125-25-328786
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSG expands credit facility to $1.1B with $700M term loan and $400M revolver, maturity 2030
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- New $700M term loan and $400M revolver ($255M increase over prior revolver), maturity December 2030.
- Interest at SOFR + 100-275 bps; quarterly amortization of $8.75M on term loan.
- Uncommitted $500M accordion feature (vs $300M prior) provides additional borrowing capacity.
- Proceeds used to repay $709M outstanding under prior credit agreement; facility oversubscribed.
- Enhanced financial flexibility supports high-ROIC organic growth and M&A; JPMorgan acts as agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703604/000119312525328786/0001193125-25-328786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703604/000119312525328786/d83410d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-328786

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer