Short answer
Paycom (PAYC) filed an 8-K current report with the SEC on March 12, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). Revolving credit facility expanded by $461.6M to $1.46B total via JPMorgan-administered Increasing Lender Supplement dated March 12, 2026.
Paycom 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- Revolving credit facility expanded by $461.6M to $1.46B total via JPMorgan-administered Increasing Lender Supplement dated March 12, 2026
- $675.0M already drawn under the Revolving Facility as of the same date: roughly 46% utilization of the new capacity
- Existing Credit Agreement terms (rate, maturity, covenants) unchanged; original facility dated July 29, 2022
- Expansion signals potential capital deployment ahead: buybacks, acquisitions, or operational investment worth monitoring
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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