
DXP Enterprises Signs Term Loan Amendment With Goldman Sachs Bank USA

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DXP Enterprises amended its Term Loan and Security Agreement with Goldman Sachs Bank USA, adding $205 million in incremental term loan commitments. Total borrowings now stand at $848 million, maturing on Oct 13, 2030, with interest at Term SOFR plus 3.25% or base rate plus 2.25%. Funds will be used for transaction fees, acquisitions, cash replenishment, ABL repayment, share repurchases, and investments.
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