Brink’s Extends Credit Facility to $3.85B for NCR Atleos

The Brink’s Company completed an amendment and extension of its existing credit facility, increasing the facility size from $2.225 billion to $3.85 billion. The amended and restated credit agreement includes a $1.025 billion delayed draw term loan and a $600 million increased revolving credit commitment.

Brink’s said proceeds are intended to fund part of the cash consideration for its potential acquisition of NCR Atleos, refinance NCR Atleos indebtedness, and support general corporate purposes. The facility matures March 31, 2031, and pricing is expected to remain at Term SOFR plus 150 basis points through the acquisition’s consummation, subject to Brink’s net leverage ratio. The NCR Atleos acquisition remains subject to regulatory and shareholder approvals.