NYSE:PAYCProfessional Services
Paycom’s Expanded US$2.13 Billion Credit Facility Might Change The Case For Investing In Paycom Software (PAYC)
On April 23, 2026, Paycom Software entered into an amended and restated credit agreement that expanded its senior secured revolving credit facility to US$2.13 billion, extended the maturity to 2031, and maintained a leverage-based pricing grid tied to ABR and SOFR benchmarks.
The agreement’s larger undrawn capacity, potential US$750.00 million incremental facility, and covenant adjustments give Paycom more room to fund working capital, acquisitions, and share repurchases.
We’ll now examine...