Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CORPAY, INC. amended revolving credit of $1.5 billion with Bank of America, N.A..
- Instrument
- revolving credit
- Principal
- $1.5 billion
- Counterparty
- Bank of America, N.A.
- Event
- amendment
Exact text from the filing
increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CORPAY, INC. incurred term loan of $900 million with Bank of America, N.A. at SOFR plus 1.75% maturing November 5, 2032.
- Instrument
- term loan
- Principal
- $900 million
- Counterparty
- Bank of America, N.A.
- Rate
- SOFR plus 1.75%
- Maturity
- November 5, 2032
- Event
- incurrence
Exact text from the filing
adds a new seven-year Term Loan B of $900 million. Proceeds will initially be used to fund the Alpha acquisition. The new Term Loan B has a maturity date of November 5, 2032. Interest on amounts outstanding under the new Term Loan B accrues based on the Secured Overnight Financing Rate, plus a margin of 1.75%.
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
CORPAY, INC. completed an acquisition involving Alpha Group International plc for £1.8 billion in cash (closed 2025-10-31).
- Action
- acquisition
- Counterparty
- Alpha Group International plc
- Consideration
- £1.8 billion in cash
- Closing
- 2025-10-31
Exact text from the filing
On October 31, 2025, Corpay completed the acquisition (the “Acquisition”) of all of the ordinary shares of Alpha for £42.50 in cash for each Alpha share upon the terms as described in the Rule 2.7 Announcement, resulting in an aggregate purchase price of approximately £1.8 billion in cash.
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