Dxp enterprises, inc. announces closing of new term loan b

Houston--(business wire)--dxp enterprises, inc. (nasdaq: dxpe) today announced that it has closed on a new $330 million senior secured term loan b (“tlb”). the tlb matures on december 23, 2027. dxp intends to use the proceeds to repay the existing term loan b, which will be terminated on that payment; and the remaining for general corporate purposes, potential acquisitions and transaction fees and expenses. the transaction provides dxp with operational and financial flexibility to reinvest in t
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