DXP Enterprises ups asset-based revolver by $40 million to $225 million

DXP Enterprises, Inc.

DXP Enterprises, Inc.

DXPE

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  • DXP Enterprises entered a Second Amended and Restated Loan Agreement on July 2, 2026, expanding its asset-based revolving credit facility.
  • Total ABL commitments rose by USD 40 million to USD 225 million from USD 185 million.
  • Facility includes up to USD 210 million for US borrowers, up to USD 15 million for Canadian borrowers.
  • Maturity extended to July 2, 2031.
  • Pricing set at Term SOFR or Term CORRA plus 1.25%-1.75%, or base-rate options plus 0.25%-0.75%, tied to excess availability.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DXP Enterprises Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260709582764) on July 09, 2026, and is solely responsible for the information contained therein.