FirstCash Upsizes Unsecured Credit Facility to $1.055 Billion, Extends Maturity to 2031
On August 27, 2026, FirstCash signed the Tenth Amendment to its U.S. revolving unsecured credit facility with Wells Fargo Bank, National Association, as administrative agent. The amendment raises the total lender commitment from $700 million to $1.055 billion, extends the maturity from August 8, 2029 to August 27, 2031, and raises the permitted consolidated net leverage ratio to 3.5 times EBITDA for the full term. The company said the larger facility is intended to help fund the pending Ramsdens acquisition in the U.K. and other acquisitions.
Key points
- Total lender commitment increased from $700 million to $1.055 billion.
- Maturity extended from August 8, 2029 to August 27, 2031.
- Borrowings allowed in U.S. dollars and pounds sterling, priced at SONIA or SOFR plus a 2.50% margin.
- Permitted consolidated net leverage ratio increased to 3.5 times EBITDA; the Ramsdens acquisition is pending final regulatory approval.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits 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 August 31, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.