VERRA MOBILITY Corp (VRRM): debt financing — Verra Mobility ups ABL credit facility from $75M to $125M

VERRA MOBILITY Corp

Fourth ABL Amendment increases revolving commitments by $50M to $125M; maturity remains Dec 20, 2026.
Facility is senior secured; availability based on borrowing base of eligible inventory and accounts receivable.
Bank of America, N.A. acts as administrative agent and lender; other subsidiaries are guarantors.
No other material terms of the existing credit agreement changed by the amendment.
Amendment dated May 15, 2025; entered into by certain direct and indirect wholly owned subsidiaries.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

VERRA MOBILITY Corp amended revolving credit of from $75 million to $125 million with Bank of America, N.A., as administrative agent and collateral agent maturing December 20, 2026.

Instrument: revolving credit
Principal: from $75 million to $125 million
Counterparty: Bank of America, N.A., as administrative agent and collateral agent
Maturity: December 20, 2026
Event: amendment

Exact text from the filing

The Fourth ABL Amendment increases the commitments under the Existing ABL Credit Agreement from $75 million to $125 million.

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Source: SEC EDGAR

accession 0000950170-25-073104

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