Corpay® Upsizes Credit Facility by $750 million
Corpay, Inc. (CPAY)
Company Research
Source: Business Wire
Increases Liquidity to Execute Company’s 2025 Capital Plan ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company today announced that it successfully closed on an amendment to its Term Loan B credit facility that resulted in an increase of $750 million. The transaction is leverage neutral, and the interest rate and maturity remain consistent with the existing credit facility. Initially, the Company will use the proceeds to pay down its revolver balance, resulting in approximately $1.5 billion of undrawn capacity on the revolver.“We’re very pleased with the broad participation and oversubscribed demand for our credit facility, which reflects the broad-based confidence in Corpay’s durable earnings power,” said Ron Clarke, chairman and chief executive officer, Corpay, Inc. “Our balance sheet is in great shape to execute our capital plan as we look to expand our Corporate Payments business.”“Our Term Loan B credit facility reflects some of the
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CPAY
News
- Finance Leaders Anticipate Rising Volatility but Reveal Uneven Preparedness as 2026 Approaches, Alpha Group Research FindsBusiness Wire
- Corpay Completes Mastercard’s Minority Investment in Cross-Border BusinessBusiness Wire
- Corpay, Inc. (CPAY): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Corpay to Participate at the Raymond James TMT and Consumer Conference [Yahoo! Finance]Yahoo! Finance
- Corpay to Participate at the Raymond James TMT and Consumer ConferenceBusiness Wire
CPAY
Earnings
- 11/5/25 - Beat
CPAY
Sec Filings
- 11/14/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- 11/10/25 - Form 10-Q
- CPAY's page on the SEC website