WillScot amends ABL credit facility, extends revolver to October 2030, cuts size to $3.0 billion
WillScot Holdings and its subsidiaries signed a Seventh Amendment to their ABL Credit Agreement with Bank of America as agent, dated October 16, 2025. The amendment extends the revolving credit facilities to October 16, 2030, lowers interest rate spreads, and reduces the revolving commitments from $3.7 billion to $3.0 billion to cut undrawn line fees.
Key points
- Revolving credit facilities extended to October 16, 2030.
- Aggregate revolving commitments reduced from $3.7 billion to $3.0 billion to reduce undrawn line fees.
- Accordion feature capacity increased from $750.0 million to $1.0 billion.
- Interest rate spreads capped at 137.5 basis points over Term SOFR and Term CORRA-based rates, and 37.5 basis points over base rate and Canadian prime rate.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 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 October 17, 2025.
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.