Global Payments signs $7.25 billion revolving credit facility tied to Worldpay deal
Global Payments entered a $7.25 billion unsecured revolving credit agreement with Bank of America as administrative agent, replacing its August 2022 credit agreement. Of the facility, $5.75 billion is available now and $1.5 billion more will become available when the previously announced Worldpay Holdco acquisition closes. The company also reduced its committed bridge loan facility for that acquisition from $7.7 billion to $6.2 billion, which adds borrowing capacity tied to the deal's financing.
Key points
- $7.25 billion revolving credit facility dated May 15, 2025, with $5.75 billion available at closing and $1.5 billion more upon closing of the Worldpay acquisition
- Facility matures on the fifth anniversary of the closing date, with up to two one-year extensions
- Initial applicable margin of 1.375% over the reference rate, varying from 1.000% to 1.750% by credit rating
- Bridge loan commitments reduced from $7.7 billion to $6.2 billion on May 15, 2025
The filing
Written by AI on Nov 8, 2026, 1:10 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 May 16, 2025.
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.