05:42 PM EDT, 08/08/2024 (MT Newswires) -- FirstCash Holdings ( FCFS ) said late Thursday that it amended the terms of a credit facility to boost the size of the commitment to $700 million and extend the maturity date to August 2029.

The company said the size increased from $640 million and adjusted the maturity date from August 2027.

The amended facility provides an increased permitted leverage ratio of up to 3.25 times adjusted earnings before interest, tax, depreciation, and amortization for the term, the company said.

Other financial covenants in the agreement remain "substantially unchanged," the company added.