Loan & DebtApr 23, 2026, 08:03 AM
Jefferson Capital Expands Credit Facility to $1.15 Billion
AI Summary
Jefferson Capital, Inc. announced the successful expansion of its revolving credit facility by $150 million, bringing the total capacity to $1.15 billion. The expansion includes two new banking partners, each contributing $75 million, and increases the maximum future aggregate amount to $1.425 billion. This move enhances the company's financial flexibility to pursue growth initiatives and create long-term shareholder value.
Key Highlights
- Revolving credit facility expanded by $150 million.
- Total capacity increased to $1.15 billion.
- Two new banking partners added, each committing $75 million.
- Maximum future increase cap raised to $1.425 billion.