DXP ENTERPRISES INC

$225m committed across 1 active facility. DXPE

Wholesale-Industrial Machinery & Equipment

Recent changes

  1. Jul 10, 2026DXP ENTERPRISES INC signs $225m SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT, matures Jul 2031SEC ↗
Tested springing197.0%ratio 2.97x, reported, vs 1.00x limit in force at Jun 30, 20261.00x

Springing: Tested while a Covenant Trigger Period is in effect.

Have a Fixed Charge Coverage Ratio as of the last day of each month for the 12-month period then ending of at least 1.00 to 1.00 while a Covenant Trigger Period is in effect, measured for the most recent period for which financial statements were delivered hereunder prior to the Covenant Trigger Period and as of the last day of each month for the 12-month period ending thereafter until the Covenant Trigger Period is no longer in effect.
Read the filing on sec.gov ↗

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SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

Signed Jul 2, 2026

Committed
$225m
Matures
Jul 2031
Agent
Bank of America, N.A.
TrancheSizeMaturesMargin
Revolving Credit Facility$225mJul 2031125–175 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

LevelConditionMarginUnused fee
Level I> 50% Average Daily Total Availability125 bpsn/a
Level II≥ 30% but < 50% Average Daily Total Availability150 bpsn/a
Level III< 30% Average Daily Total Availability175 bpsn/a

§1.1

Priced over Other (Revolving credit facility).

LevelConditionMarginUnused fee
Level Canadian Unused Fee ICanadian Revolver Usage was less than 30% during the preceding calendar quartern/a38 bps
Level Canadian Unused Fee IICanadian Revolver Usage was equal to or more than 30% during the preceding calendar quartern/a25 bps

§1.1

Lenders: Bank of America, N.A., U.S. Bank National Association, PNC Bank, National Association, Goldman Sachs Bank USA, Bank of Montreal, Chicago Branch

No amendments on file yet.

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