Verra Mobility refinances $700.1M term loan, reduces interest rate by 50 bps to SOFR+2.25%

VERRA MOBILITY Corp

Refinanced entire $700.1M outstanding term loan via New Term B-3 Loans.
Interest rate reduced from SOFR+2.75% to SOFR+2.25%; SOFR floor remains 0.00%.
Maturity unchanged at March 26, 2028; no changes to financial covenants or other terms.
Prepayment premium of 1.00% applies for any voluntary prepayment within six months.

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