CoreCivic Expands Revolving Credit Facility to $575 Million
CoreCivic Inc. has amended its credit agreement, expanding its Revolving Credit Facility from $275 million to $575 million, effective December 1, 2025. The amendment also increases the facility’s “accordion” feature, allowing for uncommitted incremental extensions of credit up to $300 million. This expansion provides CoreCivic with greater balance sheet flexibility and positions it for strategic investments and long-term value creation.
CoreCivic Inc. has announced an amendment to its existing credit agreement, expanding its Revolving Credit Facility from $275 million to $575 million, effective December 1, 2025. The amendment also increases the facility’s “accordion” feature, allowing for uncommitted incremental extensions of credit up to $300 million, up from the previous $200 million. As of the announcement, CoreCivic has $165 million in outstanding borrowings and $18.6 million in outstanding letters of credit, leaving the company with an additional borrowing capacity of $391.4 million under the amended facility. The company stated that the increased credit capacity will provide greater balance sheet flexibility and position it for strategic investments and long-term value creation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoreCivic Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-304483), on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
