WEX increases revolving credit facility by $50 million to $820 million

By Angela McDaniels

Tacoma, Wash., Nov. 25 – WEX Inc. amended its credit agreement on Nov. 19 to increase the commitments under its revolving credit facility to $820 million from $770 million, according to an 8-K filing with the Securities and Exchange Commission.

The company said it paid customary fees and expenses of Bell Bank in its capacity as the incremental revolving loan lender and customary expenses of Bank of America, NA in its capacity as administrative agent.

WEX is a South Portland, Me.-based provider of corporate payment solutions.

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