CoreCivic expands revolving credit facility by $300M to $575M

CoreCivic, Inc.

Revolving credit facility increased from $275M to $575M; accordion feature raised to $300M.
Current outstanding revolver borrowings $165.0M, outstanding letters of credit $18.6M.
Additional borrowing capacity post-amendment stands at $391.4M.
Credit facility maturity unchanged at October 11, 2028; no new borrowings at closing.
CFO notes expected revenue and cash flow growth in 2026-2027 as rationale for expansion.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CoreCivic, Inc. amended First Amendment to Fourth Amended and Restated Credit Agreement with Alter Domus Products Corp., as Administrative Agent, and the lenders party thereto valued at $300 million (effective 2025-12-01).

Action: amendment
Agreement: credit facility
Counterparty: Alter Domus Products Corp., as Administrative Agent, and the lenders party thereto
Value: $300 million
Effective: 2025-12-01

Exact text from the filing

On December 1, 2025, CoreCivic, Inc., a Maryland corporation (the “Company”), entered into a First Amendment to Fourth Amended and Restated Credit Agreement dated as of December 1, 2025 (the “First Amendment”), by and among the Company, as Borrower, certain subsidiaries of the Company party thereto, the lenders party thereto and Alter Domus Products Corp., as Administrative Agent (the “Administrative Agent”), which amends that certain Fourth Amended and Restated Credit Agreement dated October 11, 2023

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CoreCivic, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-304483

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