Corpay expands credit facility by $3.35B, refinances debt with extended maturities to 2031-2032

Filed May 22, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

• high

  Corpay increased total credit commitments by $3.35 billion: revolving credit facility expanded by $900M to $3.7B total, Term Loan A increased by $400M to $3.3B, and new Term Loan B-6 raised $2.95B. This provides substantial additional liquidity for corporate purposes.

  Item 1.01: Credit Agreement Amendment verify on EDGAR →
• high

  Company used $3.05 billion from new borrowings to fully repay existing Term Loan B-5, restructuring its debt profile while extending maturities and potentially improving terms.

  Item 1.01: Credit Agreement Amendment verify on EDGAR →
• medium

  Debt maturities extended to May 2031 for revolving facility and Term Loan A, and November 2032 for Term Loan B-6, providing 5+ year runway and reducing near-term refinancing risk.

  Item 1.01: Credit Agreement Amendment verify on EDGAR →