Vantiv Inc., a major credit card processor and POS solution provider for businesses, agreed to buy e-commerce payments company Worldpay Group Plc for roughly $10.4 billion.

In connection with the acquisition, has entered into certain agreements to amend that certain Amended and Restated Loan Agreement, dated as of October 14, 2016 by and among Vantiv LLC, as borrower, the various lenders from time to time party thereto, JPMorgan Chase Bank, N.A., as administrative agent for the lenders and the other agents party thereto, pursuant to which, subject to the conditions set forth therein, certain lenders have committed to provide an additional $3.085 billion in incremental term loan facilities and a revolving credit facility under the Original Loan Agreement for the benefit of Vantiv LLC and certain of its subsidiaries.

Vantiv LLC has entered into that certain Bridge Commitment Letter, dated August 9, 2017 and that certain Bridge Fee Letter, dated August 9, 2017 with the lenders or agents party thereto, under which certain lenders have committed to make available to Vantiv LLC a new unsecured bridge loan facility in an amount up to $1.13 billion subject to the satisfaction of the conditions set forth therein and (iv) Vantiv LLC has entered into that certain Backstop Commitment Letter, dated August 9, 2017 and that certain Backstop Fee Letter, dated August 9, 2017 with Morgan Stanley Senior Funding, Inc. and the other commitment parties party thereto, under which certain lenders and agents are willing to make available to Vantiv LLC new backstop loan facilities, subject to the terms and conditions set forth therein.

Other lenders include Bank of America, Fifth Third Bank, Morgan Stanley MUFG Loan Partners and Royal Bankof Canada as co-syndication agents; Capital One, Compass Bank, Credit Suisse, Mizuho Bank and Sumitomo Mitsui Banking Corp as Co-Documentation Agents; and JPMorgan Chase Bank and Merrill Lynch Pierce, Fenner & Smith as joint lead arrangers.