FirstCash Upsizes and Extends Term of Unsecured Bank Credit Facility; Size of Committed Facility Increased from $700 Million to $1.1 Billion; Maturity Date Extended to August 2031
FirstCash Holdings announced an amendment to its long-term, unsecured bank credit agreement, increasing the committed facility from $700 million to $1.1 billion and extending the maturity date to August 2031. The company said the changes support its long-term global growth strategy.
Why it matters — The larger, longer-term credit facility gives FirstCash additional financial flexibility to support its global growth strategy.