World Acceptance entered into an accordion increase under its existing Revolving Credit Agreement to boost borrowing capacity. Investar Bank provided a new $15.0 million commitment, raising total lender commitments from $640.0 million to $655.0 million. The additional borrowings carry the same interest rate and maturity as the existing facility, and the company paid a 0.15% upfront fee on the new commitment. The move enhances liquidity and flexibility for corporate needs.
Agreement details:
- Agreement type: Accordion increase to revolving credit facility
- Counterparty: Investar Bank
- Signed / Effective: Jun 29 2026 / same
- Duration / Termination: N/A
- Reason: Increase liquidity and financial flexibility
Original SEC Filing:
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