Financing ·
i3 Verticals amends credit agreement to $350M senior secured revolving facility
IIIVi3 Verticals, Inc.
On October 9, 2026, i3 Verticals, LLC entered into an Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent. The new agreement replaces the prior credit arrangement dated May 8, 2023, and establishes aggregate commitments of $350 million in the form of a senior secured revolving credit facility. The company retains the right to seek additional term loan or revolving credit commitments up to the greater of $100 million or 100% of consolidated EBITDA, subject to lender approval. Proceeds may be used for working capital and capital expenditures. The obligations are guaranteed by i3 Verticals, Inc. and secured by substantially all assets, with leverage covenants limiting the total net leverage ratio to 4.00 to 1.00. i3 Verticals provides vertical market software solutions.