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ExlService increases revolver to $100 million, adds Bank of America
By Angela McDaniels
Tacoma, Wash., Feb. 27 – ExlService Holdings, Inc. increased its revolving credit facility to $100 million from $50 million on Feb. 23, according to an 8-K filing with the Securities and Exchange Commission.
New lender Bank of America, NA joined existing lenders JPMorgan Chase Bank, NA and Citibank, NA.
The revolver matures Oct. 24, 2019.
The interest rate is Libor plus a margin that varies from 125 basis points to 175 bps.
ExlService is based in New York and provides business process solutions.
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