WilmerHale Represents WEX in Debt Repricing and Maturity Extension

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WilmerHale Represents WEX in Debt Repricing and Maturity Extension

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WEX, Inc., a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare, announced on August 24, 2018 a successful repricing of its revolving credit loans under its existing credit facility. The lenders have agreed to an amendment that reduces the applicable interest rate margin at current levels for both LIBOR borrowings and base rate borrowing by 25 basis points for revolving credit loans.

The WilmerHale team representing WEX included John Sigel, Justin Ochs, Jamie Class, Ellie Guadiana and Mona Shin, with support from George Shuster, Andrew Bonnes, Julie Hogan Rodgers and Amy Null.

Read WEX’s press release about the credit agreement.

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