---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-050050"
form_type: "8-K"
ticker: "GPN"
cik: "0001123360"
company_name: "GLOBAL PAYMENTS INC"
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T02:49:59.467713+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Global Payments closes $7.25B revolver; $1.5B tranche deferred to Worldpay close; bridge cut to $6.2B

## Summary
- New $7.25B unsecured revolving credit facility; $5.75B available immediately, $1.5B on Worldpay acquisition closing.
- Revolver matures in five years with two one-year extension options; margin starts at 1.375% above SOFR for non-base-rate loans.
- Bridge loan commitments reduced from $7.7B to $6.2B upon effectiveness of the new credit agreement.
- Replaces existing August 2022 credit agreement; financial covenant based on net leverage ratio.

## SEC filing metadata
- accession: 0001104659-25-050050
- form_type: 8-K
- ticker: GPN
- cik: 0001123360
- company_name: GLOBAL PAYMENTS INC
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1123360/000110465925050050/0001104659-25-050050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1123360/000110465925050050/tm2515175d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-050050
- JSON: https://secwatch.observer/filing/0001104659-25-050050.json
- Plain text: https://secwatch.observer/filing/0001104659-25-050050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.