# Ferguson Enterprises Inc. /DE/ (FERG) — capital_raise/private_placement [pending]
Source: SEC API (secapi.ai) · situation sit_324fcc6a247ab73c01c5 · retrieved 2026-08-14T01:43:34.012Z

## Overview
Ferguson Enterprises Inc. is a wholesale distributor of hardware, plumbing, heating equipment and supplies.

Ferguson Enterprises Inc. entered into a $700 million unsecured bridge term loan credit agreement on August 11, 2026, with JPMorgan Chase Bank, N.A. as administrative agent and Ferguson UK Holdings Limited as guarantor. The bridge facility matures 364 days after the funding date and is intended to fund a portion of the consideration and related fees and expenses for the previously disclosed acquisition of FWI Holdings, Inc. (the FloWorks Acquisition). The borrowing will be available only if the company has not received sufficient proceeds from other bank financing or capital markets transactions to fund the FloWorks Acquisition prior to or concurrently with its consummation.

## Terms
- Counterparty: JPMorgan Chase Bank, N.A. · Deal value: $700.0M · Consideration: cash

## Key dates
- Announced 2026-08-11

## Timeline
- 2026-08-11 · 8-K (0001552781-26-000433): 8-K - Ferguson Enterprises Inc. /DE/ — *Ferguson Enterprises Inc. is a wholesale distributor of hardware, plumbing, heating equipment and supplies.* Ferguson Enterprises Inc. entered into a $700 million unsecured bridge term loan credit agreement on August 11, 2026, with JPMorgan Chase Bank, N.A. as administrative agent and Ferguson UK Holdings Limited as guarantor. The bridge facility matures 364 days after the funding date and is intended to fund a portion of the consideration and related fees and expenses for the previously disclosed acquisition of FWI Holdings, Inc. (the FloWorks Acquisition). The borrowing will be available only if the company has not received sufficient proceeds from other bank financing or capital markets transactions to fund the FloWorks Acquisition prior to or concurrently with its consummation.
  https://www.sec.gov/Archives/edgar/data/2011641/0001552781-26-000433.txt

## Citations
- 0001552781-26-000433 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000155278126000433