SEC Filing Summary: SCP Pool Corporation (8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by SCP Pool Corporation on March 30, 2005, covering events occurring on March 24, 2005. The registrant is incorporated in Delaware and maintains its principal executive offices in Covington, Louisiana.
Key Financial Metrics
The filing does not provide specific values for revenue, profit, cash flow, margins, debt levels, or liquidity ratios. The report focuses exclusively on a corporate action regarding financing arrangements.
Material Changes
- Receivables Facility Renewal: On March 24, 2005, the company entered into Amendment No. 4 to its Receivables Purchase Agreement.
- Term Extension: This amendment renewed the company's accounts receivable securitization facility for an additional one-year term.
- Counterparties: The agreement involves Superior Commerce LLC (Seller), SCP Distributors LLC (Servicer), and JPMorgan Chase Bank, N.A. (Purchaser/Agent).
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the execution of the amended agreement. No unusual items were reported.
Investor Verification Checklist
- Verify the specific financial terms (interest rates, fees, and borrowing capacity) of the renewed securitization facility in the attached Amendment No. 4.
- Confirm the impact of this renewal on the company's weighted average cost of capital.
- Review the covenants associated with the amended Receivables Purchase Agreement to ensure compliance with existing debt obligations.