Qxo Inc.
QXO, Inc. Amends Credit Agreement to Lower Borrowing Costs
Summary
On November 5, 2025, QXO, Inc. and its subsidiary, QXO Building Products, Inc., amended their existing $850.0 million senior secured term loan to lower the applicable margins. The amendment, which restates the existing Term Loan Credit Agreement, reduces the margin from 3.00% to 2.00% for term SOFR borrowings and from 2.00% to 1.00% for base rate borrowings. This change is intended to decrease the borrowing costs for the subsidiary.
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About Qxo Inc.
Qxo Inc. is a company engaged in the innovative technology sector, specializing in developing software solutions that enhance business processes for small and medium enterprises (SMEs). It provides integrated platforms designed to streamline customer relationship management, inventory control, and financial reporting, all vital components for driving operational efficiency. Qxo Inc.'s products are particularly impactful in industries such as retail, healthcare, and professional services, offering scalability and customization tailored to specific client needs. The company's comprehensive approach ensures that businesses can leverage data analytics for strategic planning and decision-making. Headquartered in a technology hub, Qxo Inc. plays a significant role in the digital transformation landscape, continuously adapting to advancements and market demand. Its focus on user-friendly interfaces and seamless integration with existing systems positions Qxo Inc. as a crucial partner for enterprises aiming to leverage technology for growth and competitiveness in modern markets.
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