Pool Corporation Amends Receivables Securitization Facility to 2028

What Happened Pool Corporation (POOL) filed an 8-K to report Amendment No. 14 to its Receivables Purchase Agreement, effective August 25, 2026. The amendment extends the receivables securitization facility termination date to August 25, 2028 and adjusts the facility limits and pricing. The amendment is among Superior Commerce LLC (Seller), SCP Distributors LLC (Servicer), the purchasers party thereto and Wells Fargo Bank, N.A., as Administrative Agent.

Key Details

• Effective date: August 25, 2026; new termination date: August 25, 2028.
• Facility limits: up to $400.0 million (March–September) composed of $300M committed + $100M uncommitted; $300.0 million in other months composed of $200M committed + $100M uncommitted.
• Pricing: amounts outstanding bear interest at one-month Term SOFR plus a margin of 0.75% (committed tranche) or 0.85% (uncommitted tranche).
• The amendment creates/directly affects a financial obligation of the company and is filed as Exhibit 10.1 to the Form 8-K.

Why It Matters This amendment increases Pool’s short-term liquidity capacity—notably seasonally higher capacity in March–September—which can help fund receivables and working capital needs during busier months. The extended termination date through 2028 lengthens the tenor of the company’s securitization arrangement, and the SOFR-linked pricing specifies the cost of borrowing under the facility. Investors should view this as a financing update that impacts the company’s access to cash and short-term funding costs.