10:57 AM EDT, 08/15/2024 (MT Newswires) -- ExlService Holdings ( EXLS ) said Thursday it has amended its credit agreement to increase the revolving credit commitments by $100 million to $500 million.

The amendment also provides for the issuance of a new $100 million term loan facility with an annual amortization of 5%, according to a filing with the US Securities and Exchange Commission.

The company said the increased credit facility continues to mature April 18, 2027.

ExlService ( EXLS ) shares were up 2.5% in recent trading.

Price: 35.44, Change: +0.85, Percent Change: +2.46