Is New Credit Facility Altering The Investment Case For Watsco (WSO)?

Watsco announced in October 2026 that it had signed a five year US$750 million unsecured senior revolving credit facility, replacing its prior line and repaying US$69.7 million of existing borrowings. The new terms expand borrowing capacity and offer more flexibility around seasonal working capital needs. The new facility gives Watsco added financial flexibility to fund working capital, acquisitions, and dividend payments, which directly affects how the distributor balances day to day...