Paycom Software, Inc.
Paycom Software Increases Credit Facility by $461.6 Million
Summary
On March 12, 2026, Paycom Software, Inc. announced that its subsidiary, Paycom Payroll, LLC, has increased its senior secured revolving credit facility by $461.6 million, bringing the total to $1.46 billion. The material terms of the original Credit Agreement remain unchanged, except for the increase in commitments. As of the same date, the company has borrowed approximately $675.0 million under the Revolving Facility.
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About Paycom Software, Inc.
Paycom Software, Inc. is a leading provider of cloud-based human capital management (HCM) software solutions that serve businesses of various sizes across multiple industries. Paycom's primary purpose is to streamline and automate the complex processes involved in human resources and payroll management. The software suite encompasses a broad range of functionalities, including talent acquisition, personnel management, payroll administration, and benefits management, offering businesses a comprehensive platform to manage their workforce efficiently. With its innovative technology, Paycom has impacted several sectors, notably in healthcare, education, and retail, by enhancing employee engagement and ensuring regulatory compliance. Founded in 1998 and headquartered in Oklahoma City, Paycom is recognized for its user-friendly interface and ability to integrate seamlessly with existing enterprise systems, making it a pivotal player in modernizing HR operations in today's digital economy.
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