i3 Verticals signs $350M amended revolver with JPMorgan, replacing May 2023 credit agreement

i3 Verticals, Inc.

$350M senior secured revolving credit facility dated October 9, 2026, with JPMorgan Chase Bank, N.A. as administrative agent, swingline lender and L/C issuer.
Pricing tied to total net leverage: commitment fee 0.125%-0.275%, L/C fee 1.50%-2.50%, Term SOFR loans 1.50%-2.50%, base rate loans 0.50%-1.50%.
Financial covenants: consolidated interest coverage of at least 3.00 to 1.00 and consolidated total net leverage of no more than 4.00 to 1.00, tested each fiscal quarter.
Obligations unconditionally guaranteed by i3 Verticals, Inc. and material wholly owned domestic subsidiaries, secured by first-priority liens on substantially all assets.
Incremental capacity of up to the greater of $100M and 100% of consolidated EBITDA; JPMorgan, U.S. Bank and Wells Fargo Securities are joint lead arrangers.

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