secwatch / observer
8-K filed September 29, 2023, 7:59 PM ET ticker WEX CIK 0001309108
debt confidence high sentiment neutral materiality 0.60

WEX Inc. (WEX): debt financing — WEX increases revolving credit facility by $500M to $1.43B

WEX Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

WEX Inc. amended revolving credit of from $930,000,000 to $1,430,000,000 with Bank of America, N.A., as administrative agent.

Instrument
revolving credit
Principal
from $930,000,000 to $1,430,000,000
Counterparty
Bank of America, N.A., as administrative agent
Event
amendment
Exact text from the filing
increases commitments under the Company’s revolving credit facility from $930,000,000 to $1,430,000,000.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

WEX Inc. amended Third Amendment to Amended and Restated Credit Agreement with certain subsidiaries of the Company, the lenders party thereto from time to time, and Bank of America, N.A., as administrative agent on behalf of the lenders valued at increases commitments under the revolving credit facility from $930,000,000 to $1,430,000,000 (effective 2023-09-26).

Action
amendment
Agreement
credit facility
Counterparty
certain subsidiaries of the Company, the lenders party thereto from time to time, and Bank of America, N.A., as administrative agent on behalf of the lenders
Value
increases commitments under the revolving credit facility from $930,000,000 to $1,430,000,000
Effective
2023-09-26
Exact text from the filing
On September 26, 2023, WEX Inc. (the “Company”) and certain of its subsidiaries entered into the Third Amendment to Amended and Restated Credit Agreement (the “Third Amendment”), which amends that certain Amended and Restated Credit Agreement, dated as of April 1, 2021, by and among the Company and certain of its subsidiaries identified therein, the lenders party thereto from time to time, and Bank of America, N.A., as administrative agent on behalf of the lenders
View on SEC.gov

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WEX Inc. filing history →

Source: SEC EDGAR
accession 0001309108-23-000176
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