Brink's amends credit agreement to $3.85 billion to fund NCR Atleos acquisition
Brink's entered an Amended and Restated Credit Agreement on March 31, 2026, with Bank of America as administrative agent, increasing its credit facility from $2.225 billion to $3.85 billion. The company says the proceeds are intended in part to fund cash consideration for its pending acquisition of NCR Atleos, which remains subject to regulatory and shareholder approvals. For shareholders, the filing adds debt capacity tied to that deal, with covenants that limit additional borrowing and dividends.
Key points
- Total facility increased from $2.225 billion to $3.85 billion, per the April 6, 2026 press release.
- Includes a $1.025 billion delayed draw term loan and a $600 million upsize revolving commitment, both for the NCR Atleos acquisition.
- Maturity is March 31, 2031; pricing is expected to stay at Term SOFR plus 150 basis points through closing, subject to net leverage.
- Financial covenants require a Consolidated Net Secured Leverage Ratio of no more than 3.50 to 1.00 and an Interest Coverage Ratio of at least 2.50 to 1.00.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.