Shift4 Payments, Inc., through its subsidiary Shift4 Payments, LLC, has entered into an amendment to its first lien credit agreement, effective July 8, 2026. The amendment provides a new $1.0 billion incremental senior secured term loan and extends the maturity date of its revolving credit facility.
Key Details
- New Financing: The company secured a $1.0 billion incremental senior secured term loan, which is a fungible increase to its existing term loan facility.
- Updated Terms & Debt: The maturity date for the revolving credit facility was extended to July 8, 2031. After the amendment, total outstanding term loan borrowings under the amended credit agreement are approximately $2.0 billion.
- Use of Proceeds: Proceeds from the new loan will be used for general corporate purposes and to pay fees and expenses related to the transaction.