DXP Enterprises Announces Increase to Asset Based Loan Facility

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Mar 19, 2020
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DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it entered into a $50 million Increase Agreement (the “Increase Agreement”), by and among DXP Enterprises, Inc. (the “Company”), certain of the Company’s US subsidiaries, as borrowers, certain of the Company’s Canadian subsidiaries, as borrowers, the incremental lenders party thereto and Bank of America, N.A., as agent.