Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
VSE CORP amended credit facility of from $177.5 million to $300.0 million with Citizens Bank, N.A. maturing October 7, 2026.
- Instrument
- credit facility
- Principal
- from $177.5 million to $300.0 million
- Counterparty
- Citizens Bank, N.A.
- Maturity
- October 7, 2026
- Event
- amendment
Exact text from the filing
an increase in the aggregate principal amount of the term loan (“Term loan”) from $177.5 million to $300.0 million and an extension of the maturity date of the Company’s Term Loan by one year to October 7, 2026
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
VSE CORP amended Sixth Amendment with Citizens Bank, N.A. and certain other banks and financial institutions valued at $300.0 million (effective 2023-12-28).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Citizens Bank, N.A. and certain other banks and financial institutions
- Value
- $300.0 million
- Effective
- 2023-12-28
Exact text from the filing
On December 28, 2023, VSE Corporation (“VSE” or the “Company”) and a majority of its wholly owned subsidiaries, as borrowers, entered into that certain Sixth Amendment (the “Amendment”) to the Fourth Amended and Restated Business Loan and Security Agreement, dated as of January 5, 2018 (as amended, restated or otherwise modified to date, the “Credit Agreement”) with Citizens Bank, N.A. and certain other banks and financial institutions from time to time party thereto (the “Lenders”) as lenders, and Citizens Bank, N.A., as administrative agent (as successor by merger to Citizens Bank of Pennsylvania ) (in such capacity, the “Administrative Agent”).
View on SEC.gov