EVERTEC Extends Loan and Revolving Credit Facility Maturities, Lowers Borrowing Costs
MT newswire2026/11/06 10:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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06:53 AM EST, 11/06/2026 (MT Newswires) -- Evertec (EVTC) said Friday it amended its credit agreement to extend the maturities of its term loan A and revolving credit facilities and reduce borrowing costs. The company said its about $388 million term loan A has been extended for up to five years, with pricing reduced by 25 basis points. The revolving credit facility was also extended and re-priced 25 basis points lower, the company said, adding its capacity increased to $300 million from $200 million, providing additional liquidity. Chief Financial Officer Karla Cruz-Jusino said the transaction extends the company's debt maturity profile, lowers financing costs and provides greater flexibility to support its growth strategy in Puerto Rico and Latin America.
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