debt
confidence high
sentiment positive
materiality 0.50
Euronet increases revolving credit facility to $1.9B and extends maturity to 2029
EURONET WORLDWIDE, INC.
- Facility increased from $1.25B to $1.9B; maturity extended to December 17, 2029.
- Multi-currency tranche of $1.685B and USD tranche of $215M; removes credit spread adjustment on SOFR/SONIA.
- CFO Rick Weller says added capacity supports double-digit growth and shareholder value.
- Existing banking partners increased commitments; new partners joined the syndicate.