Business Context and Reporting Period
Company: SCP Pool Corporation (POOL CORP)
Filing Type: Form 8-K (Current Report)
Date of Report: March 31, 2003
Event: Announcement of the closing of a new receivables financing facility.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or margin data for the period. The primary financial metric disclosed is:
- Receivables Financing Facility: $90 million
- Lender: Bank One, NA
Material Changes
The material change reported is the establishment of a new $90 million receivables financing facility. This action is intended to enhance liquidity and working capital management. No comparative financial data or prior period metrics are included in this specific filing to quantify changes in overall financial position.
Guidance, Outlook, and Risks
Management Commentary: The filing serves as a disclosure under Regulation FD regarding the closing of the financing facility. No forward-looking guidance, earnings outlook, or specific risk factors were detailed in this text.
Unusual Items: None reported beyond the financing arrangement.
Investor Verification Checklist
- Verify the terms and interest rates of the $90 million facility with Bank One, NA.
- Review the company's most recent 10-K or 10-Q to assess the impact of this facility on total debt and leverage ratios.
- Confirm the specific covenants associated with the receivables financing.
- Check subsequent filings for utilization rates of the new facility.