secwatch.observer — SEC 8-K summary
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Issuer:     VERRA MOBILITY Corp (VRRM)
CIK:        0001682745
Form:       8-K/A
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0000950170-25-073104
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 2.03, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verra Mobility ups ABL credit facility from $75M to $125M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682745/000095017025073104/0000950170-25-073104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682745/000095017025073104/vrrm-20250515.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-073104

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