{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-293984","form_type":"8-K","ticker":"VRT","cik":"0001674101","company_name":"Vertiv Holdings Co","filed_at":"2023-12-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.018927+00:00","generated_at":"2026-06-07T13:31:27.967815+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Vertiv reprices $2.1B term loan, cutting interest margin 25 bps, saving ~$5.3M annually","bullets":["Interest margin reduced 0.25% to Term SOFR + 250 bps on $2.12B term loan.","Annual interest savings of approximately $5.3 million.","Maturity remains March 2, 2027; all other material terms unchanged.","Repricing completed via Amendment No. 3 on December 13, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-293984","json":"https://secwatch.observer/filing/0001193125-23-293984.json","markdown":"https://secwatch.observer/filing/0001193125-23-293984.md","text":"https://secwatch.observer/filing/0001193125-23-293984.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674101/000119312523293984/0001193125-23-293984-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674101/000119312523293984/d648019d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T13:31:27.967815+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7322a8799e4452fce7ffb2931fd7c2eda4710fbe","claim":"Vertiv Holdings Co amended term loan with Citibank, N.A., as administrative agent at reduced by 0.25%, to 2.50% in respect of term loans bearing interest based on th maturing March 2, 2027.","evidence_excerpt":"Pursuant to the Amendment, among other modifications, the interest rate margin for the Borrower’s outstanding term loans under the Credit Agreement was reduced by 0.25%, to 2.50% in respect of term loans bearing interest based on the Term SOFR rate and to 1.50% in respect of term loans bearing interest based on a base rate defined in the Credit Agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674101/000119312523293984/0001193125-23-293984-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Counterparty","value":"Citibank, N.A., as administrative agent"},{"label":"Rate","value":"reduced by 0.25%, to 2.50% in respect of term loans bearing interest based on th"},{"label":"Maturity","value":"March 2, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"f96bba60cd4908ea8c0e35858ff2f2df54af01fe","claim":"Vertiv Holdings Co amended Amendment No. 3 to Term Loan Credit Agreement with Citibank, N.A., as administrative agent, and the lenders party thereto (effective 2023-12-13).","evidence_excerpt":"On December 13, 2023, Vertiv Group Corporation, a Delaware corporation (the “Borrower”) and an indirect wholly-owned subsidiary of Vertiv Holdings Co (the “Company”), Vertiv Intermediate Holding II Corporation, a Delaware corporation (“Holdings”) and the direct parent of the Borrower, as a guarantor, and certain subsidiaries of the Borrower party thereto as guarantors entered into an Amendment No. 3 to Term Loan Credit Agreement (the “Amendment”) with Citibank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and the lenders party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674101/000119312523293984/0001193125-23-293984-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A., as administrative agent, and the lenders party thereto"},{"label":"Effective","value":"2023-12-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}