
Loan & DebtApr 24, 2026, 05:11 PM
Equifax Boosts Revolving Credit Facility to $2 Billion
AI Summary
Equifax Inc. and its subsidiary borrowers entered into a Fourth Amendment to their Credit Agreement, increasing the unsecured revolving credit facility from $1.5 billion to $2 billion. This amendment also raised swingline loan availability from $150 million to $200 million and extended the termination date for $1.9 billion of the facility by one year to August 25, 2029. Additionally, a 10 basis point credit spread adjustment for "Term SOFR" borrowings was removed, enhancing the company's financial flexibility and liquidity.
Key Highlights
- Revolving credit facility increased from $1.5 billion to $2 billion.
- Swingline loan availability rose from $150 million to $200 million.
- Termination date for $1.9 billion of facility extended to August 25, 2029.
- Removed 10 basis point credit spread adjustment for Term SOFR.