BofA Agents $175MM Upsize for WEX

WEX has repriced its senior secured credit loans under its existing credit facility, extending the deadline to July 1, 2023, increasing the revolver by $150 million and providing an additional $25 million tranche A term loan.

BofA Agents WEX Term Loan Repricing

WEX repriced its secured term loans under its existing credit facility. Bank of America acted as administrative agent, joint lead arranger and joint bookrunner.

Wex, OnDeck Launch Financing Partnership

WEX, a provider of corporate and small business payment solutions, launched a partnership with OnDeck. WEX will offer business financing from OnDeck to its small business customers.

Bank of America Agents $2.1B Acquisition Financing for WEX

WEX completed its acquisition of Electronic Funds Source. Bank of America served as agent for a lender group that provided $2.125 billion of financing to support the acquisition.