---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-113090"
form_type: "8-K"
ticker: "VRRM"
cik: "0001682745"
company_name: "VERRA MOBILITY Corp"
filed_at: "2024-10-07T23:59:59+00:00"
generated_at: "2026-05-30T19:17:20.440074+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-113090
- form_type: 8-K
- ticker: VRRM
- cik: 0001682745
- company_name: VERRA MOBILITY Corp
- filed_at: 2024-10-07T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682745/000095017024113090/0000950170-24-113090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682745/000095017024113090/vrrm-20241003.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-113090
- JSON: https://secwatch.observer/filing/0000950170-24-113090.json
- Plain text: https://secwatch.observer/filing/0000950170-24-113090.txt

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