ePlus amended, restated and replaced in entirety its existing credit agreements with Wells Fargo Commercial Distribution Finance. The new facility consists of a senior secured floorplan facility of up to $375 million and a revolving credit facility of up to $100 million.
ePlus amended its credit facility with Wells Fargo as administrative agent to temporarily increase the aggregate limit of two components to $325 million.
ePlus Technology amended its credit facility with GE Capital Commercial Distribution Finance. The amendment provides for a credit limit of $225 million, an increase of $50 million over the prior agreement.