Distribution Solutions Group, Inc. - Second Amended and Restated Credit Agreement

Distribution Solutions Group, Inc. has entered into a Second Amended and Restated Credit Agreement, effective December 18, 2025. This agreement amends and restates the prior credit agreement dated April 1, 2022. The new agreement includes a $400 million senior secured revolving credit facility and a $700 million senior secured initial term loan facility. It also allows for an increase in commitments by up to $500 million. Proceeds from the initial term loan will be used to repay the existing outstanding balance under the original credit agreement, while proceeds from the revolving credit facility and term loan can be used for working capital, general corporate purposes, and permitted acquisitions. The agreement specifies interest rates based on the Alternate Base Rate or Adjusted Term SOFR Rate, with margins varying based on the company's total net leverage ratio. Various fees are payable to lenders. The loans mature on December 18, 2030, with quarterly principal repayments required for the initial term loan. The agreement includes covenants, events of default, and provisions for guarantees and security interests. The company also entered into related agreements and issued a press release on December 22, 2025, to announce this.