Shift4 Payments Secures $1.0B Incremental Term Loan, Extends Credit Facility

Shift4 Payments, Inc.'s subsidiary, Shift4 Payments, LLC, entered into Amendment No. 4 to its Second Amended and Restated First Lien Credit Agreement. This amendment includes a $1.0 billion incremental senior secured term loan and extends the revolving credit facility's maturity to July 8, 2031. The proceeds from the new term loan will be used for fees, expenses, and general corporate purposes. Following the amendment, Shift4, LLC has $1,995,006,250 in outstanding term loans.