ExlService Holdings, Inc. 8K

EXL entered into a new $1 billion senior secured credit facility that increases its borrowing capacity and provides greater flexibility to support M&A and shareholder returns.

On August 18, 2026, EXL (NASDAQ: EXLS) closed a new five-year senior secured credit facility with PNC Bank, N.A. as Administrative Agent and a syndicate of lenders, increasing its borrowing capacity from $600 million to up to $1 billion. The facility consists of a $400 million term loan and a revolving credit facility permitting borrowings of up to $600 million, and includes an accordion feature allowing expansion by the greater of $470 million or 100% of trailing four-quarter EBITDA, with the agreement maturing on August 18, 2031. EXL highlighted that the expanded, more flexible debt capacity is intended to support its business strategy, including targeted mergers and acquisitions and continued capital returns to shareholders under its $500 million share repurchase authorization.

Filing Facts

CIK

1297989

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-098380

Alert Tier

7