Ferguson Enterprises said on October 29, 2024 that it and certain of its subsidiaries entered into an Omnibus Amendment and Consent amending the Receivables Purchase Agreement and the Purchase and Contribution Agreement.

1. 01

   Ferguson Enterprises said on October 29, 2024 that it and certain of its subsidiaries entered into an Omnibus Amendment and Consent amending the Receivables Purchase Agreement and the Purchase and Contribution Agreement.

2. 02

   The company said it extended the termination date of the Receivables Purchase Agreement to October 29, 2027 for all Purchase Groups except the TD Purchase Group.

3. 03

   The company said it terminated the rights and obligations of the PNC Purchase Group, and of each of its members, under the Receivables Purchase Agreement, and reallocated the Maximum Net Investment among the remaining Purchase Groups.

4. 04

   Ferguson Enterprises said it added one originator and removed one originator under both the Receivables Purchase Agreement and the Purchase and Contribution Agreement. It said it revised certain limitations on Reassigned Receivables and Acquisition Receivables in the Receivables Purchase Agreement.

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Original filing

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