Paycom Software Inc

NYSE:PAYC   1:46:04 PM EDT
387.23
-3.45 (-0.88%)
Debt Financing / Related

Paycom Software Enters Credit Agreement For $650 Mln of Revolving Credit Facility

Published: 08/02/2022 21:26 GMT
Paycom Software Inc (PAYC) - Paycom Software Inc - on July 29, 2022, Co Entered Into a Credit Agreement.
Paycom Software Inc - Credit Agreement Provides for a Senior Secured Revolving Credit Facility in Aggregate Principal Amount of Up to $650.0 Million.
Paycom Software Inc - Credit Agreement Provides for Ability to Request an Incremental Facility of Up to an Additional $500.0 Million.
Paycom Software Inc - Credit Agreement Also Provides for Senior Secured Delayed Draw Term Loan in Aggregate Amount of Up to $750.0 Million.
Paycom Software Inc - All Loans Under the Credit Agreement Will Mature on July 29, 2027.