EVERTEC Announces Renewal and Extension of Credit Facility

(NYSE:EVTC) EVERTEC, Inc. announced that it has entered into an amended and restated credit agreement. The amended agreement extends the maturity of its Term Loan A and revolving credit facilities. Under the amended agreement, EVERTEC’s approximately $388 million Term Loan A and revolving credit facilities are affected. The company states that the amended agreement provides continued financial flexibility to support its strategic priorities. EVERTEC is described as a leading financial technology company in Latin America and the Caribbean. The announcement highlights the extension of the maturity of the company’s credit facilities. The company refers to the amended and restated credit agreement as a means to support its ongoing strategic priorities. The total amount of the Term Loan A and revolving credit facilities is approximately $388 million. The company emphasizes the importance of financial flexibility provided by the amended agreement.