Weil advised the lead arrangers in connection with an incremental amendment to provide a $200 million upsize under ExlService Holdings, Inc.’s Amended and Restated Credit Agreement in the form of a $100 million increase to the existing revolving credit commitments and a new $100 million term loan facility for an aggregate total of $600 million across facilities. The upsized credit facilities continue to mature on April 18, 2027.

Founded in 1999, EXL is a global analytics and digital solutions company serving industries including insurance, healthcare, banking and financial services, media, retail, and others.

The Weil deal team was led by Banking & Finance partner Justin D. Lee and included Banking & Finance counsel Nick Nikic and associates Hye-Jin Kim and Nicole Reynolds.