WEX Inc. Announces Options for Prospective Debt Refinancing | Organization & Finance

Powered by the belief that advanced payment systems can be made basic, WEX (NYSE: WEX) is a main monetary technology services service provider throughout a extensive spectrum of sectors, which includes fleet, journey and healthcare. WEX operates in extra than 10 nations and in extra than 20 currencies by way of more than 5,200 associates close to the globe. WEX fleet cards supply 15.8 million vehicles extraordinary payment safety and regulate order volume in vacation and company alternatives was $20.9 billion in 2020 and the WEX Well being monetary engineering platform can help 408,000 employers and 33.1 million buyers better manage health care bills. For much more details, take a look at www.wexinc.com.

This push release incorporates forward-wanting statements, including statements relating to: financial advice and prospective for providing the very same assumptions fundamental the Company’s upcoming financial performance potential expansion chances and expectations and expectations for the macro environment. Any statements that are not statements of historical information might be considered to be forward-seeking statements. When utilised in this press launch, the words and phrases “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project” and very similar expressions are intended to detect forward-hunting statements, although not all forward-on the lookout statements comprise this kind of words. There can be no assurance that the Business will be able to complete the above talked over debt refinancing. These forward-wanting statements are subject to a number of dangers and uncertainties that could trigger true effects to differ materially, such as: the extent to which the coronavirus (COVID-19) pandemic and measures taken in response thereto adversely effect the Company’s business enterprise, benefits of functions and financial condition in excessive of current expectations the effects of standard economic ailments on fueling patterns as properly as payment and transaction processing exercise the affect of foreign currency trade rates on the Company’s functions, income and revenue modifications in interest prices the effects of fluctuations in gas charges, such as the effects of any continued reductions in gasoline rate and the ensuing impact on the Company’s revenues and web profits the effects of the Company’s company growth and acquisition initiatives possible adverse improvements to business enterprise or staff associations, like those people ensuing from the completion of an acquisition aggressive responses to any acquisitions uncertainty of the predicted economical performance of the combined operations following completion of an acquisition the failure to comprehensive or effectively integrate the Company’s acquisitions the skill to know expected synergies and cost cost savings unforeseen expenses, charges or expenses resulting from an acquisition the Company’s ability to successfully get, combine, work and develop business gas card packages the failure of company investments to result in expected strategic price the influence and size of credit score losses the effects of changes to the Firm’s credit history benchmarks breaches of the Company’s technological know-how units or individuals of the Firm’s 3rd-bash service companies and any resulting negative effect on the Firm’s status, liabilities or relationships with customers or merchants the Company’s failure to keep or renew vital professional agreements failure to extend the Company’s technological capabilities and assistance choices as swiftly as the Company’s competitors failure to effectively put into action the Firm’s details technology methods and capabilities in connection with its engineering outsourcing and insourcing preparations and any resulting price related with that failure the actions of regulatory bodies, such as banking and securities regulators, or attainable improvements in banking or fiscal rules impacting the Company’s industrial financial institution, the Corporation as the corporate guardian or other subsidiaries or affiliate marketers lawful, regulatory, political and financial uncertainty bordering the United Kingdom’s departure from the European Union the affect of the transition from LIBOR as a world benchmark to a replacement level the influence of the Company’s remarkable notes on its functions the impact of improved leverage on the Company’s operations, final results or borrowing capacity usually, and as a end result of acquisitions precisely the effect of profits or inclinations of major quantities of the Company’s superb typical stock into the public industry, or the perception that such income or inclinations could manifest the attainable dilution to the Company’s stockholders induced by the issuance of further shares of widespread stock or equity-connected securities the incurrence of impairment prices if the Company’s evaluation of the fair benefit of certain of its reporting models alterations the uncertainties of litigation as perfectly as other hazards and uncertainties identified in Merchandise 1A of the Company’s Yearly Report for the calendar year ended December 31, 2020, filed on Form 10-K with the Securities and Exchange Fee on March 1, 2021. The Company’s forward-looking statements do not reflect the possible potential affect of any alliance, merger, acquisition, disposition or stock repurchases. The forward-seeking statements discuss only as of the date of this press launch and undue reliance really should not be put on these statements. The Firm disclaims any obligation to update any ahead-looking statements as a final result of new data, upcoming activities or if not.

Jessica Roy, 207-523-6763

Steve Elder, 207-523-7769

Key phrase: UNITED STATES NORTH The usa MAINE

Market Keyword: Expert Services Data Management Technological know-how FINANCE Software package BANKING

Copyright Organization Wire 2021.

PUB: 03/15/2021 06:45 AM/DISC: 03/15/2021 06:45 AM