Pool Corporation amended its receivable securitization facility, extending the agreement's termination date by two years to August 25, 2028. The amendment also increases the maximum facility limit to $400.0 million to support seasonal working capital needs.

Key Details

  • Agreement: On August 25, 2026, the company entered into Amendment No. 14 to its Receivables Purchase Agreement, extending the facility's termination date to August 25, 2028.
  • Increased Capacity: The maximum facility limit has been increased seasonally. The new limits are:
    • March - September: $400.0 million ($300 million committed, $100 million uncommitted).
    • Other Months: $300.0 million ($200 million committed, $100 million uncommitted).
  • Interest Rate: Amounts outstanding under the amended agreement bear interest at one-month Term SOFR plus an applicable margin of 0.75% for committed tranches and 0.85% for uncommitted tranches.