MSC Industrial Direct Extends Receivables Facility to 2028 and Increases Commitment to $350 Million
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MSC Industrial Direct Co. Inc. has amended its Receivables Purchase Agreement, extending the termination date to December 8, 2028, and increasing the commitment to $350 million. The amendment also removes the credit spread adjustment and updates the net leverage ratio definition. Wells Fargo Bank is the administrative agent, with Bank of America, Regions Bank, and PNC Bank as participants. This information is sourced from MSC Industrial Direct's filing with the SEC.
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