Jefferson Capital boosts credit facility by $150,000,000

Jefferson Capital, Inc. entered into Amendment No. 8 to its Credit Agreement, increasing aggregate revolving credit commitments by $150,000,000 from $1,000,000,000 to $1,150,000,000.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Jefferson Capital, Inc. entered into Amendment No. 8 to its Credit Agreement, increasing aggregate revolving credit commitments by $150,000,000 from $1,000,000,000 to $1,150,000,000.

The amendment also raises the maximum cap on future incremental increases to $1,425,000,000, allowing additional potential increases of up to $275,000,000. Other than these changes to the revolving credit capacity, the underlying Credit Agreement remains unchanged in any material way.

Insights

Jefferson Capital expands revolving credit capacity without other major changes.

The borrowers under the existing Credit Agreement, including Jefferson Capital Systems and related entities, increased their aggregate revolving credit commitments by $150,000,000 to $1,150,000,000 on April 22, 2026. Citizens Bank, N.A. continues as administrative agent.

The amendment also lifts the maximum cap for future incremental increases to $1,425,000,000, enabling up to $275,000,000 of additional commitments under the incremental provisions. This filing describes capacity and structure only; actual borrowing levels and financial impact will depend on future utilization under the facility.

8-K Event Classification

3 items: 1.01, 2.03, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Revolving credit commitments before amendment: $1,000,000,000 Revolving credit commitments after amendment: $1,150,000,000 Increase in revolving commitments: $150,000,000 +3 more

6 metrics

Revolving credit commitments before amendment $1,000,000,000 Aggregate revolving credit commitments under Credit Agreement before Amendment No. 8

Revolving credit commitments after amendment $1,150,000,000 Aggregate revolving credit commitments after Amendment No. 8 effective April 22, 2026

Increase in revolving commitments $150,000,000 Incremental increase in aggregate revolving credit commitments under Amendment No. 8

Maximum cap on future commitments $1,425,000,000 New maximum cap on aggregate revolving credit commitments under incremental provisions

Potential future incremental increases $275,000,000 Aggregate amount by which commitments may still be increased under incremental provisions

Amendment effective date April 22, 2026 Amendment No. 8 to Credit Agreement effective date

Key Terms

Amendment No. 8 to Credit Agreement, revolving credit commitments, incremental provisions, Administrative Agent, +1 more

5 terms

Amendment No. 8 to Credit Agreement financial

"entered into that certain Amendment No. 8 to Credit Agreement (the “Amendment”)"

revolving credit commitments financial

"The Amendment increased the aggregate revolving credit commitments under the Credit Agreement"

incremental provisions financial

"pursuant to the incremental provisions of the Credit Agreement to $1,425,000,000"

Administrative Agent financial

"Citizens Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”)"

An administrative agent is a bank or financial firm appointed to handle the day-to-day paperwork and communication for a group of lenders on a loan or credit agreement, acting as the central point for collecting payments, distributing funds, monitoring covenants, and sharing information. For investors, the administrative agent matters because it influences how quickly lenders receive updates, how smoothly repayments and waivers are handled, and how effectively the lending group enforces terms — think of it as a property manager coordinating tasks for multiple owners.

Emerging growth company regulatory

"Emerging growth company x Item 1.01 Entry into a Material Definitive Agreement"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What credit change did Jefferson Capital (JCAP) disclose in this 8-K?

Jefferson Capital increased aggregate revolving credit commitments by $150,000,000, raising them from $1,000,000,000 to $1,150,000,000. This change comes through Amendment No. 8 to the existing Credit Agreement dated May 21, 2021, with Citizens Bank, N.A. as administrative agent.

How does Amendment No. 8 affect Jefferson Capital (JCAP)’s future borrowing capacity?

The amendment raises the maximum cap on total revolving credit commitments to $1,425,000,000. This permits future incremental increases of up to an aggregate $275,000,000 under the Credit Agreement’s incremental provisions, expanding potential borrowing capacity if additional commitments are later arranged.

Did Jefferson Capital (JCAP) change other key terms of its Credit Agreement?

The company states that, aside from increasing revolving credit commitments and the incremental cap, the amendment did not make any material changes to the Credit Agreement. Core terms, covenants, and structure therefore remain governed by the prior agreement as already in effect.

Which entities are borrowers under Jefferson Capital (JCAP)’s amended Credit Agreement?

Borrowers include CL Holdings, LLC, Jefferson Capital Systems, LLC, JC International Acquisition, LLC, and CFG Canada Funding, LLC. Certain subsidiaries of these borrowers, existing lenders, incremental lenders, and Citizens Bank, N.A. as administrative agent are also parties to Amendment No. 8.

Where can investors find the full text of Jefferson Capital (JCAP)’s Amendment No. 8?

The complete Amendment No. 8 to the Credit Agreement is filed as Exhibit 10.1 to this Form 8-K. The company notes that its brief description is qualified entirely by that exhibit, which is incorporated by reference for full contractual details.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/23/2026 - 04:47 PM

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

April 22, 2026

Date of Report

(Date of earliest event reported)

Jefferson Capital, Inc.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of

incorporation)

001-42718

(Commission File Number)

33-1923926

(I.R.S. Employer

Identification No.)

600 SOUTH HIGHWAY 169, SUITE 1575,

MINNEAPOLIS, Minnesota 55426

(Address of principal executive offices)

55426

(Zip Code)

Registrant’s telephone number, including area code: (320) 229-8505

Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class:	Trading Symbol	Name of each exchange on which registered:
Common stock, $0.0001 par value per share	JCAP	Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 1.01 Entry into a Material Definitive Agreement

On April 22, 2026 (the “Amendment Effective Date”), CL Holdings, LLC, a Georgia limited liability company (“CL Holdings”), Jefferson Capital Systems, LLC, a Georgia limited liability company (“JCap”), JC International Acquisition, LLC, a Georgia limited liability company (“JCIA”), CFG Canada Funding, LLC, a Delaware limited liability company (“CFG” and, together with CL Holdings, JCap and JCIA, the “Borrowers”), and certain subsidiaries of the Borrowers, the existing lenders party thereto, the incremental lenders party thereto and Citizens Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”), entered into that certain Amendment No. 8 to Credit Agreement (the “Amendment”), which amended the Credit Agreement, dated as of May 21, 2021 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the Amendment Effective Date, the “Credit Agreement”), by and among the Borrowers, the lenders party thereto and the Administrative Agent.

The Amendment increased the aggregate revolving credit commitments under the Credit Agreement by $150,000,000 from $1,000,000,000 to $1,150,000,000. In addition, the Amendment increased the maximum cap on the aggregate amount to which the revolving credit commitments may be increased in the future pursuant to the incremental provisions of the Credit Agreement to $1,425,000,000, allowing for future increases of up to an aggregate of $275,000,000. Except as described above, the Amendment did not make any material changes to the Credit Agreement.

This description of the Amendment does not purport to be complete, and the foregoing description is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

10.1	Amendment No. 8 to Credit Agreement, dated as of April 22, 2026, by and among CL Holdings, LLC, Jefferson Capital Systems, LLC, JC International Acquisition, LLC, CFG Canada Funding, LLC, the guarantors party thereto, the existing lenders party thereto, the incremental lenders party thereto and Citizens Bank, N.A., as administrative agent.

104	Cover page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Jefferson Capital, Inc.

Date: April 23, 2026
	By:	/s/ Christo Realov
	Name: Christo Realov
	Title: Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

EX-10.1 EXHIBIT 10.1 107.9 KB

Jefferson Capital boosts credit facility by $150,000,000

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