World Fuel Services ups credit facility to $2B, extends maturity to April 2027

WORLD KINECT CORP

Revolving credit facility increased to $1.5B; new $500M term loan added, total borrowing capacity $2.0B.
Maturity extended to April 1, 2027; pricing revised to reflect LIBOR discontinuation.
Financial and other covenants modified to provide greater operating flexibility.
Joint lead arrangers include Bank of America, JPMorgan, TD Bank, Wells Fargo, and HSBC.

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