Corpay, Inc. Eighth Amendment to Credit Agreement

On May 21, 2026, Corpay, Inc. entered into the eighteenth amendment to its Credit Agreement. This amendment significantly increases the company's credit facility, raising the aggregate commitments under the revolving credit facility by $0.9 billion to a total of $3.7 billion. Additionally, the Term Loan A was increased by $0.4 billion to $3.3 billion, and the Term Loan B-6 was increased by $2.05 billion to $2.95 billion. The maturity date for the revolving credit facility and Term Loan A has been extended by five years to May 21, 2031, while the Term Loan B-6 matures on November 5, 2032. The company repaid its Term Loan B-5 in full using proceeds from the new Term Loan A, Revolver, and Term Loan B-6. The remaining proceeds will be used for general corporate purposes. The amendment also adjusts interest rate calculations and introduces a new pricing grid based on credit ratings or leverage. Obligations under the Credit Facility are secured by substantially all of Corpay's assets and a pledge of certain equity interests in subsidiaries.