WEX Inc. filed a Form 8-K on November 12, 2026, disclosing that on November 10, 2026, the company and certain subsidiaries entered into the Eighth Amendment to its Amended and Restated Credit Agreement, extending the maturity of its revolving credit facility and tranche A term loans and increasing the size of both facilities.

Key Highlights

  • Maturity extended: The maturity date of the revolving credit facility and tranche A term loans was extended from May 10, 2029 to November 6, 2031.
  • Revolving facility increased: Commitments under the revolving credit facility increased from $1.6 billion to $1.7 billion.
  • Term loan upsized: The tranche A term loan facility increased from $787.5 million to $900 million.
  • Repriced interest margins: The applicable interest margin for SOFR loans ranges from 1.375% to 2.00% depending on the company's consolidated leverage ratio, according to the filing.
  • Administrative agent: Bank of America, N.A. serves as administrative agent on behalf of the lenders under the Amended Credit Agreement.
  • Signed by CFO: The filing was signed by Jagtar Narula, Chief Financial Officer, on November 12, 2026.

WEX Eighth Amendment: Facility Details and Revised Terms

According to the filing, WEX Inc. (NYSE:WEX) and certain of its subsidiaries executed the Eighth Amendment to Amended and Restated Credit Agreement and Second Amendment to U.S. Security Agreement on November 10, 2026. The original Amended and Restated Credit Agreement was dated April 1, 2021, with Bank of America, N.A. acting as administrative agent. The Eighth Amendment follows seven prior amendments, the most recent being a Seventh Amendment dated March 6, 2025.

The filing states that the Eighth Amendment accomplishes three primary changes: it extends the maturity date of both the revolving credit facility and the tranche A term loans from May 10, 2029 to November 6, 2031; increases revolving credit facility commitments from $1.6 billion to $1.7 billion; and raises the tranche A term loan facility from $787.5 million to $900 million. The amended agreement also reprices the applicable interest margin under a tiered structure tied to the company's consolidated leverage ratio. For SOFR loans, the margin ranges from 1.375% when the leverage ratio is at or below 3.00 to 1.00, up to 2.00% when the ratio exceeds 4.00 to 1.00. Comparable base rate loan margins range from 0.375% to 1.00%.

The filing notes that obligations under the Amended Credit Agreement are secured by a security interest in certain assets of WEX and its guarantors, subject to certain exceptions, pursuant to the Amended Security Agreement. The filing also discloses that certain lender parties and their affiliates have provided, and may in the future provide, banking, investment banking, and other financial services to the company or its affiliates, receiving customary fees and commissions. The full text of the Eighth Amendment is filed as Exhibit 10.1, with certain exhibits and schedules omitted pursuant to Regulation S-K Item 601(a)(5).

What Was Disclosed

WEX Inc. reported entry into the Eighth Amendment to its credit agreement, extending the maturity of its revolving credit facility and tranche A term loans to November 6, 2031, increasing total revolving commitments to $1.7 billion, upsizing the tranche A term loan to $900 million, and updating the interest margin pricing grid.