ACI Worldwide Inc. Secures $200 Million Incremental Term Loan in Amended Credit Agreement with Bank of America

Reuters
06-20
ACI Worldwide Inc. Secures $200 Million Incremental Term Loan in Amended Credit Agreement with Bank of America

ACI Worldwide Inc. has announced a new financing agreement, enhancing its existing credit arrangements. On June 18, 2025, the company, along with its subsidiaries ACI Worldwide Corp. and ACI Payments, Inc., entered into a Lender Addition and Acknowledgement Agreement with Bank of America, N.A., serving as the administrative agent and incremental term A-2 lender. This agreement supplements the pre-existing Second Amended and Restated Credit Agreement from April 5, 2019. The updated terms introduce incremental term loans totaling $200 million, which, alongside cash on hand and revolving loan proceeds, were utilized to fully redeem $400 million of 5.750% Senior Notes due in 2026. The incremental loans bear interest tied to the Term SOFR plus a margin based on the consolidated total leverage ratio, ranging from 1.5% to 2.5%. This move underscores ACI Worldwide's strategic financial management and commitment to optimizing its capital structure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ACI Worldwide Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-143290), on June 20, 2025, and is solely responsible for the information contained therein.

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