Financing ·
Watsco enters $750M syndicated credit facility to replace prior revolving line
WSOWatsco Inc
On October 21, 2026, Watsco entered into a new unsecured five-year $750.0 million syndicated multicurrency credit agreement with Bank of America as administrative agent. The company borrowed $69.7 million under the facility to repay outstanding borrowings on its prior $600.0 million revolving credit line, which terminated simultaneously. The new facility includes a $125.0 million swing line sublimit and matures in October 2031. Watsco operates as a major distributor of air conditioning, heating, and refrigeration equipment and parts.