In Houston, DXP Enterprises, Inc. revealed that it successfully completed the refinancing of its current Senior Secured Term Loan B ("TLB") borrowings and secured an additional $205 million in TLB borrowings. With this new funding, DXP will have a total of $848 million in Senior Secured Term Loan B borrowings. The TLB borrowings have a maturity date set for October 13, 2030, and are priced at Term SOFR plus a 3.25 percent applicable margin. The company plans to utilize the proceeds to repay existing borrowings.