WORLD ACCEPTANCE CORP 8-K

What Happened
World Acceptance Corporation announced on June 29, 2026 that it secured a $15.0 million accordion increase to its revolving credit facility under the Revolving Credit Agreement dated July 22, 2025. Investar Bank, National Association acted as the Increasing Lender and Bank of Montreal serves as Administrative Agent and Collateral Agent. The company also issued a Revolving Credit Note for $15.0 million evidencing the loan.

Key Details

• Commitment increase: aggregate lender commitments rose from $640.0 million to $655.0 million.
• New commitment: Investar Bank provided a $15.0 million new commitment under the accordion feature.
• Terms: the added obligations are secured and guaranteed pari passu with existing obligations and carry the same interest rate and maturity date as existing loans.
• Fees and documentation: World Acceptance agreed to pay an upfront fee equal to 0.15% of the $15.0M commitment (approximately $22,500) and issued a $15.0M Revolving Credit Note dated June 29, 2026.

Why It Matters
This transaction increases World Acceptance’s available revolving credit capacity and creates a new direct borrowing obligation, which can support liquidity and operational needs. The new funds are on the same terms as the existing facility and are secured like the company’s other revolving loans, so the change affects the company’s total secured debt profile but does not alter loan pricing or maturity compared to existing revolver obligations.