Business Context and Reporting Period
Company: Pool Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: November 25, 2014
Event Date: November 20, 2014
Context: The Company entered into the Sixth Amendment to its Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, and other lenders.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, or specific debt balances. The filing focuses exclusively on the structural terms of the Company's senior credit facility.
Material Changes Versus Prior Period
- Maturity Extension: The maturity date of the existing senior credit facility was extended from September 20, 2018, to November 20, 2019.
- Optional Extensions: The amendment allows for two additional optional extensions of the maturity date.
- Other Terms: All other material terms of the Credit Agreement remain unchanged from those previously disclosed in the October 20, 2011, Form 8-K.
Guidance, Outlook, and Risks
Management Commentary: The filing notes that the Company and its affiliates engage in customary commercial and investment banking services with parties to the Credit Agreement, for which customary fees and commissions are paid.
Risks and Contingencies: No new risks or contingencies were disclosed in this specific report beyond the standard terms of the amended credit agreement.
Investor Verification Checklist
- Verify the full text of the Sixth Amendment to Credit Agreement filed as Exhibit 10.1.
- Confirm the specific conditions required to exercise the two optional maturity extensions.
- Review the October 20, 2011, Form 8-K to understand the unchanged material terms of the credit facility.