---
schema_version: "secwatch.filing_event.v1"
accession: "0000102752-24-000003"
form_type: "8-K"
ticker: "VSEC"
cik: "0000102752"
company_name: "VSE CORP"
filed_at: "2024-01-04T23:59:59+00:00"
generated_at: "2026-06-07T03:47:05.628864+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# VSE Corp upsizes term loan to $300M, extends maturity to Oct 2026 via Sixth Amendment

## Summary
- Term loan increased from $177.5M to $300.0M; maturity extended to October 7, 2026.
- Quarterly amortization payments rise from $5M to $7.5M starting April 1, 2024.
- Revolving credit facility maturity also extended to Oct 7, 2026; availability up ~$122M.
- Amendment aims to support organic growth and strategic investments in Aviation segment.

## SEC filing metadata
- accession: 0000102752-24-000003
- form_type: 8-K
- ticker: VSEC
- cik: 0000102752
- company_name: VSE CORP
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102752/000010275224000003/0000102752-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102752/000010275224000003/vsec-20231228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102752-24-000003
- JSON: https://secwatch.observer/filing/0000102752-24-000003.json
- Plain text: https://secwatch.observer/filing/0000102752-24-000003.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/102752/000010275224000003/0000102752-24-000003-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/102752/000010275224000003/0000102752-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.