Watsco Signs $750 Million Revolving Credit Facility Led by Bank of America

Bitget2026/10/22 11:33

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Watsco signed a five-year, $750 million unsecured senior revolving credit facility led by Bank of America.
The agreement amends and extends the existing facility, increasing borrowing capacity and covenant flexibility.
Borrowings under the new facility repaid $69.7 million outstanding under the prior facility.
Additional borrowings will fund working capital, acquisitions and other general purposes, including dividends.
Interest rates depend on the types of advances or loans selected.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Watsco Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610220730PRIMZONEFULLFEED9850864) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Watsco Signs $750 Million Revolving Credit Facility Led by Bank of America

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