DXP Enterprises, Inc. Announces New ABL Revolver
DXP Enterprises amended its asset-based revolving credit facility, increasing total commitments from $185 million to $225 million to support its growth strategy. The new facility provides up to $210 million for US borrowers and $15 million for Canadian borrowers, maturing on July 2, 2031, with an option to expand further by $50 million.
Key figures
- Abl prior
- 185000000
- Abl total
- 225000000
- Ltm sales
- 2100000000
- Ltm ebitda
- 243900000
- Abl increase
- 40000000
- Ltm net income
- 88100000
- Us facility amount
- 210000000
- Canadian facility amount
- 15000000
- Future expansion capacity
- 50000000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.