Watsco Secures $750 Million Five-Year Credit Facility
Watsco secured a five-year credit facility totaling $750 million with a Bank of America-led syndicate.
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Watsco secured a five-year credit facility totaling $750 million with a Bank of America-led syndicate.
Watsco closed the facility, replacing its prior revolver and repaying $69.7 million outstanding. Proceeds may fund working capital, acquisitions, dividends and general purposes.