Brink's announces amendment and extension of its credit agreement in preparation for NCR Atleos acquisition

On March 31, 2026, The Brink’s Company (NYSE: BCO) (“Brink’s”) completed an amendment and extension of its existing credit facility, according to a company release.

Credit facility expanded to $3.85 billion

The amended and restated credit agreement increases the size of the existing credit facility from $2.225 billion to $3.85 billion. The increase is structured as a $1.025 billion delayed draw term loan and a $600 million increased revolving credit commitment.

The proceeds are intended to fund part of the cash consideration for Brink’s potential acquisition of NCR Atleos Corporation (“NCR Atleos”), refinance indebtedness of NCR Atleos, and support general corporate purposes.

The amended and restated credit agreement is scheduled to mature on March 31, 2031.

Pricing and conditions tied to acquisition

Pricing is expected to remain at Term SOFR + 150 basis points through the consummation of Brink’s proposed acquisition of NCR Atleos, subject to Brink’s consolidated net leverage ratio under the terms of the amended and restated credit agreement.

The acquisition remains subject to customary closing conditions, including regulatory approval and shareholder approvals from both companies.

Company statement

“We’re excited by the strong interest from our expanded bank group and the significant oversubscription,” said Brink’s Executive Vice President and Chief Financial Officer, Kurt McMaken. “Increasing the size of our existing credit facility, while maintaining current pricing and enhancing certain terms and conditions, reflects our financial partners’ continued confidence in our outlook as we work toward completing the NCR Atleos acquisition. With this important financing milestone secured, we intend to continue to move methodically through the remaining steps needed to close the acquisition.”

Financing context for the NCR Atleos deal

Brink’s said the credit facility proceeds are intended to support the NCR Atleos transaction, including funding part of the cash consideration and refinancing NCR Atleos indebtedness.

Forward-looking statements and transaction documentation

The release includes cautionary language regarding forward-looking statements and notes that the transaction is subject to closing conditions and other risks.

Brink’s also stated that, in connection with the transactions, it will file a registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC), including a preliminary joint proxy statement and a prospectus related to the offer of Brink’s securities to be issued to NCR Atleos stockholders. The company said the release is not a substitute for SEC filings and urged investors to read the relevant proxy statement/prospectus and other documents when available.