(RTTNews.com) - Pool Corp. ( POOL ) announced it amended and restated existing senior credit facility, increasing the borrowing capacity to $750.0 million from $465.0 million. Other amendments of note include extending the maturity date to September 29, 2022 and improving pricing across borrowing tiers.
"Increasing our credit facility capacity supports our ongoing growth, while deploying an efficient weighted average cost of capital," said Manuel Perez de la Mesa, CEO.
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Source : http://www.nasdaq.com/article/pool-corp-amends-senior-credit-facility-increases-borrowing-capacity-20171002-00339