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Euronet Amends and Extends Unsecured Revolving Credit Facility to $1.90 billion
Contract Type
contract
KansasOtherFinancial ServicesPaymentsFintechDescription
Euronet Worldwide, Inc. has announced the amendment and extension of its unsecured revolving credit facility, increasing the facility from $1.25 billion to $1.90 billion. The maturity date has been extended by five years, and a syndicate of domestic and international financial institutions are involved. The amended credit facility includes multi-currency borrowing tranches, USD borrowing tranches, and removes the credit spread adjustment on SOFR and SONIA borrowings, while other terms remain substantially the same as the existing credit facility.