Watsco Signs $750 Million Revolving Credit Facility

08:24 AM EDT, 10/22/2026 (MT Newswires) -- Watsco (WSO) said Thursday it signed a new five-year, $750 million unsecured revolving credit facility, amending and extending its existing credit agreement. The company said it used the facility to repay $69.7 million in outstanding borrowings under its previous agreement, while the remaining funds may be used for working capital, acquisitions, dividends and other general corporate purposes. Watsco said the new facility increases borrowing capacity, provides more flexibility under financial covenants and better accommodates seasonal changes in working capital needs.