WEX extends revolving credit and tranche A term loan maturities to November 2031
WEX•WEX amended its credit agreement, extending the revolving credit facility and tranche A term loan maturities to November 6, 2031, from May 10, 2029. Commitments rose to $1.7 billion from $1.6 billion, and the term loan facility expanded to $900 million from $787.5 million.
1. Credit agreement amended
WEX amended its credit agreement on November 10, 2026, with Bank of America acting as administrative agent. The revolving credit facility and tranche A term loans now mature November 6, 2031, rather than May 10, 2029.
2. Facility amounts and margins
Revolving credit commitments increased to $1.7 billion from $1.6 billion, while the tranche A term loan facility expanded to $900 million from $787.5 million. Depending on consolidated leverage, margins range from 1.38% to 2% for SOFR loans and 0.38% to 1% for base rate loans.
