WEX amends credit agreement, raising revolver to $1.6 billion and extending maturity to 2029
WEX Inc. entered into a Fifth Amendment to its credit agreement on May 10, 2024, extending the maturity of its revolving credit facility and tranche A term loans to May 10, 2029, and increasing the revolver from $1.43 billion to $1.6 billion. The tranche A term loan facility rises from $844 million to $900 million, and interest margins are now tied to the company's leverage ratio. The same filing reports that stockholders re-elected all 12 directors and approved the executive pay proposal at the May 9, 2024 annual meeting.
Key points
- Revolving credit facility commitments increased from $1.43 billion to $1.6 billion
- Tranche A term loan facility increased from $844 million to $900 million
- Maturity extended from April 1, 2026 to May 10, 2029
- Stockholders approved the non-binding executive compensation proposal, with 37,012,270 votes for and 751,625 against
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 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 May 14, 2024.
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.