EXL closes new USD 1 billion senior secured credit facility with PNC Bank-led group

Reuters2026/08/18 20:01

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EXL closed a new senior secured credit facility allowing borrowings up to USD 1 billion, replacing a prior USD 600 million limit.
Five-year agreement runs to Aug. 18, 2031; includes a USD 400 million term loan.
Revolving credit capacity set at up to USD 600 million.
Accordion feature permits expansion to the greater of USD 470 million or 100% of trailing four-quarter EBITDA.
PNC Bank serves as administrative agent; Bank of America, JPMorgan Chase, TD Bank are joint lead arrangers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ExlService Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608181601PRIMZONEFULLFEED9812261) on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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EXL closes new USD 1 billion senior secured credit facility with PNC Bank-led group

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