8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
Pool Extends Receivables Facility to 2028, Raises Seasonal Limit to $400 Million
Filed with the SEC on · Summarized by InvestorsBot
Pool Corporation subsidiaries amended their receivables purchase agreement with Superior Commerce, SCP Distributors, participating purchasers and Wells Fargo Bank to extend the facility’s termination date to August 25, 2028. The seasonal maximum facility limit increases to $400 million from March through September, including $300 million committed and $100 million uncommitted, while the limit remains $300 million during the rest of the year; borrowings bear interest at one-month Term SOFR plus margins of 0.75% or 0.85%.