BackSummary
Shift4 Payments amended its credit agreement to add $1.0 billion in incremental term loans and extend the revolving facility maturity to July 2031.
Key takeaways
- Added $1.0 billion in incremental senior secured term loans.
- Extended revolving credit facility maturity to July 8, 2031.
- Proceeds used for fees, expenses, and general corporate purposes.
- After the amendment, outstanding term loans totaled ~$1.995 billion.
- No revolving loans were outstanding at closing.